Mathematics, 30.06.2019 10:10 sparrgrovekyle

Your parents’ original purchase price was $1,550.00 plus 7.25% sales tax. they enter into an agreement where the interest (11.75% apr) is waived for the first 12 months provided they make the required monthly payments; otherwise the interest is accrued from the date of purchase. they miss the first payment due date. the late fee is $29.00. how much is the interest?

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Your parents’ original purchase price was $1,550.00 plus 7.25% sales tax. they enter into an agreeme...