question archive The local electronics store is offering a promotion "one year same as cash, " meaning that you can buy a TV now and wait a year to pay (with no interest)
The local electronics store is offering a promotion "one year same as cash, " meaning that you can buy a TV now and wait a year to pay (with no interest)
Subject:FinancePrice: Bought3
The local electronics store is offering a promotion "one year same as cash, " meaning that you can buy a TV now and wait a year to pay (with no interest). So, if you take home a $1000 TV today you will owe them $1000 in on- year If your bank is offering 6% interest v is the true cost of the TV to you today? The cost of the TV today is $ (Round to the nearest cent) Enter your answer in the answer box and ? then click check Answer.
