Item purchased Rototiller price $899\mathrm{.}99$

Tax $7\%$

$12$ month plan

Interest will be charged if account becomes $60$ days past due.

Interest rate: $27\%$

What is the total amount you will pay if you do not pay the loan within the term and meet all the conditions of the loan? First, you need to calculate the payment; so$,$ what is TVM variable: interest rate $($periodic rate$)$ I?