Final answer:
The total sum of payments for the office equipment, which is to be paid off in 42 monthly payments of $144 each, will be $6048.
Step-by-step explanation:
The student has asked about calculating the total sum of payments for office equipment purchased on a payment plan. To calculate this, multiply the number of monthly payments by the amount of each payment. In this case, there are 42 monthly payments of $144 each.
Here's the calculation:
- Total sum of payments = Number of payments × Amount per payment
- Total sum of payments = 42 × $144
- Total sum of payments = $6048
Therefore, the total sum of payments for the office equipment will be $6048.