Business, 23.09.2019 22:30 caitlynnpatton1208

The local electronics store is offering a promotion "1-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 $ 1 comma 150 tv today, you will owe them $ 1 comma 150 in one year. if your bank is offering 4 % interest, what is the true cost of the tv to you today?

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The local electronics store is offering a promotion "1-year: same as cash," meaning that you can bu...