Please help, I can't do these last couple of problems!?

Answers:11   |   LastUpdateAt:2018-12-14 00:02:26  

Question
Dashuna
Asked at 2012-08-17 21:29:03
This is the table to respond to questions, but do not know how to use it .

Unsecured
insured Credit: % APR
% in April Excellent: 4.80 5.25
Well : 5.15 5.65
Average : 5.85 6.20
Fair: 7.00 7.65
Bad : 8.20 9.15

1 . You (or your parents ) to buy a new car for $ 19,725.00 plus 4.75 % sales tax . The initial payment is $ 2,175.00 and you ( or your parents ) have an average credit rating . How much interest is accumulated after the first month ?

2 . You (or your parents ) to buy a used car for $ 15,867.00 plus 5.25% sales tax . The initial payment is 10% of the total cost and you ( or your parents ) have an excellent credit rating . What is your principal balance at the beginning of the loan?

3 . You (or your parents) are debating whether to buy a new car for $ 19,072.00 or a car used by $ 15,635.00 . The sales tax is 4.5 %. You (or your parents) will make an initial payment of $ 1,200.00 and your credit score is fair. What is the difference in interest earned by the end of the first month?
Answer1CerinaAnswered at 2012-08-22 10:27:02
This is NOT the homework section of the site and please stop dumbing himself for having someone do your homwork for you .
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