Answer:
$190.77
Explanation:
Given that:
Actual purchase price = $175
Sales tax = 7.75%
Total = actual price + sales tax
Total = actual sales price + (7.75% * Actual sales price)
Total = $175 + (0.0775 * $175)
Total = $188.5625
To pay with credit card at 0.039% daily interest for 30 days :
(188.5625 * 0.039% * 30) + 188.5625
2.20618125 + 188.5625
= $190.76868125
= $190.77
