Answered

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You purchase a computer for $875.00 plus 5% sales tax. You decide to finance it through the store's 0% program for 12 months. The terms state you pay nothing until the 12 months are over. When
you receive the bill, you forget to pay it and are assessed a late fee of $39.00 plus the interest accrued to that point at 14.25% APR. How much interest will you be charged?
• $136.48
• $130.92
• $130.25
• $124.69

Sagot :

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