Alex is buying a game console for $199 plus 6.5% tax. He decides to pay for it in 2 equal installments on his credit card over 2 months. If the interest on the credit card is 18% APR how much interest will Alex pay? Round your answer to the nearest hundredth.

Calculate the amount of the tax (6.5%) on the game console ($199 x .065). Remember to round your answer to the nearest hundredth. Add the tax to the price of the game console to get the total cost.

The cost of the game console with tax is $211.94 ($199 + 12.94).

Calculate half of $211.94 because Alex pays half the first month. He pays $105.97 that month.

Insert the amounts in the correct fields on the credit calculator.