# MATH

Your original purchase price was \$825.00 plus 7% 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 miss the first payment due date. The late fee is \$35.00. How much is the interest?
• \$103.13
• \$110.34
• \$8.59
How much is the interest if you do not pay the second month?
• \$9.05
• \$121.53
• \$143.70

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1. those two are correct my friend

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2. 👎
2. Second month is 9.66

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2. 👎

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