Your friend is inspired to buy a luxury car but being a well informed, you are going to prove to your friend why buying a luxury car is a financially burdensome purchase.

Based on the following information calculate

CAR PRICE $=$ $$39,823\mathrm{.}01$

TAX AMOUNT $=13\%$

INTEREST RATE $=6\mathrm{.}99\%$

YEARS $=6$

TERM $=$ monthly

What is the Interest Accumulated I?

Question $4$ options:

Between $$9,500-$ $$10,500$

Between $$9,000-$$$10,000$

Between $$8,000-$$$8,500$

None of the answers are correct

Between $$8,500-$$$9,000$