Answered

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Your parents purchase a computer for $1,257.00 plus 6% sales tax. They decide to finance it through the store's 0% program for 6 months. The terms state that
they pay nothing until the 6 months are over. When they receive the bill, they forget to pay it and are assessed a late fee of $45.00 plus the interest accrued to
that point at a 16.75% APR. What is the accrued interest after 6 months?
OA. $109.02
OB. $115.56
O C. $223.18
O D. $111.59

Sagot :

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