Your parents are purchasing a mobile home for $89,000. The sales tax is 4.2%, they make a $3,000 down payment, and they have an excellent credit score. How much is the interest at the end of the second month if their first month’s payment is $925.67? SecuredUnsecured

CreditAPR (%)APR (%)

Excellent4.755.50

Good5.005.90

Average5.856.75

Fair6.407.25

Poor7.508.40

$381.29

$352.95

$379.36

$300.15

The second option ,$ 352.95  is correct

Step-by-step explanation:

The total cost of the home is the list price of $89,000 plus the sales tax of 4.2%

total cost=$89,000+($89,000*4.2%)=$92,738

loan amount=total cost-down payment=92738

-3000=$89738

APR is 4.75% since they have an excellent credit score

interest for first month=89738

*4.75%/12=$ 355.21  

Principal payment in first month=total payment-interest=925.67- 355.21 =$570.46

principal left after first payment=$89,738

-$570.46=$89,167.54  

second month interest payment= 89,167.54*4.75%/12=$ 352.95

The correct option is $ 352.95  which is the second option

80 the answer is 80

step-by-step explanation:

i believe it is b and c. (side note, i got the same computer from k-12 lol i’m in 8th grade and this is my first year, will it get

step-by-step explanation: