Can someone please tell me if I'm working this problem correctly? ( There is a chart, I'll draw it and attach it in the comments.) Then I'll show how I worked it and the answer that I got...
8. You (or your parents) purchase a new car for $19,725.00 plus 4.75% sales tax. The down payment is $2,175.00 and you (or your parents) have an average credit rating. How much interest is accrued after the first month?
Stacey Warren - Expert brainly.com
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The way I did it was like this:
But other people keep getting 90.12 and this is how they are doing the work
which is correct mine or theirs??? and please explain