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?
a.$103.13
b.$s110.34
c.$8.59
d.$9.20