dontcareanyonemo
12.10.2019 •
Mathematics
Your original purchase price was $950.00 plus 5% sales tax. you enter into an agreement where the interest (12.5% apr) is waived for the first 12 months provided you make the required monthly payments; otherwise the interest is accrued from the date of purchase. you missed the first payment due date. the late fee is $35.00. how much is the interest?
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Ответ:
Interest over one year = $997.5 (12.5)/100
Interest over one year = $997.5 (12.5)/100
Interest over one year = $124.6875 which when rounded to two decimals = $124.69
Ответ:
The interest is $10.39.
Step-by-step explanation:
Your original purchase price was $950.00 plus 5% sales tax.
Purchase price =
dollars
Monthly Rate =
So, interest on the purchase price =
= $10.39
Hence, the interest is $10.39.
Ответ: