Sheila purchased ski equipment for $513 using a six-month deferred payment plan. The interest rate after the introductory period is 18.39%. A down payment of $125 is required as well as a minimum mont

Sheila purchased ski equipment for $513 using a six-month deferred payment plan. The interest rate after the introductory period is 18.39%. A down payment of $125 is required as well as a minimum monthly payment of $65. What is the balance at the beginning of the seventh month if only the minimum payment is made during the introductory period? A. $47.01 B. $360.07 C. $0.00 D. $425.07