Answer:
The second option ,$ 352.95 is correct
Step-by-step explanation:
The total cost of the home is the list price of $89,000 plus the sales tax of 4.2%
total cost=$89,000+($89,000*4.2%)=$92,738
loan amount=total cost-down payment=92738
-3000=$89738
APR is 4.75% since they have an excellent credit score
interest for first month=89738
*4.75%/12=$ 355.21
Principal payment in first month=total payment-interest=925.67- 355.21 =$570.46
principal left after first payment=$89,738
-$570.46=$89,167.54
second month interest payment= 89,167.54*4.75%/12=$ 352.95
The correct option is $ 352.95 which is the second option