Question

I WILL FAN, MEDAL AND EVERYTHING! JUST PLEASE GIVE ME A HAND! Even if you can't help!
(please comment below so I know who to help.)

Answer 1

Here's the question: 1) a) Your parents are purchasing a mobile home for $86,000. The sales tax is 4.5%, they make a $3,500 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 $825.50? *

The excellent rating is 4.75%

Answer 2

86,000 x 1.045 = 89,870

Answer 3

:)

Answer 4

86,000.00 Mobile Home
1.0450 Plus Sales Tax
89,870.00
-3,500.00 Down Payment

86,370.00 Total Amount of Loan