terrichichester-BU250-unit6-assignment

terrichichester-BU250-unit6-assignment - 90 Days Same as...

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Part 1.  If Sara pays off the balance in 90 days how much will she pay?  First you need to figu 699.00 Price of the washer and dryer $699.00 0.08 tax rate 57.67 $57.67 $756.67 Purchase price Sara's deadline for paying no interest in a non- leap year is March 15 In a leap year  the deadline is March 14.  756.67 Purchase price from part 1 multiplied by the 26.8% to find the interest for the 0.27 202.79 annual simple interest, divide by 360 to get daily interest 360 0.5633 Daily  interest 90 90 days multiplied by the daily  interest 0.56 $807.07 $50.40  interest for 90 days 0.02 $16.14 $756.67 30 50.40 $0.54 $807.07  If paid by march 15th, 90 days from date of purchase 17 9.18 $9.18 $816.25 Final price  paid April first.  Part 4 It cost Sara a total of 25.76%  more to pay this off 17 days late.  $50.40 816.25 59.58 9.18 102 231.27 $59.58 83257.5 divide by 360 days 0.2576 move decimal 360 231.27 90 Days Same as Cash Part 2.   Part 3
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ure how much the taxes are, then add the taxes to the price of the washer dryer. e year.
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terrichichester-BU250-unit6-assignment - 90 Days Same as...

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