ou purchase a computer for $755.00 plus 5% sales tax. You decide to finance it through the store's 0% interest program for six m

Question

3 years ago

15

ou purchase a computer for $755.00 plus 5% sales tax. You decide to finance it through the store's 0% interest program for six m

onths. The terms state you must pay $50.00/month and that if you miss a payment, you will be assessed a late fee of $39.00 plus the interest accrued to that point at a 17.25% APR. If you miss a payment in the fifth month, how much interest will you be charged?

Mathematics

1 answer:

AfilCa [17] · Answer 1 · 2022-02-22T18:31:16+03:00

AfilCa [17]3 years ago

7 0

$143.47 Would be the answer your looking for.