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?

Answer rating: 100% (QA)

To calculate the interest at the end of the second month we first need to determine the remaining ba... View the full answer