The local electronics store is offering a promotion one, Financial Management

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The local electronics store is offering a promotion one

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.

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Financial Management: The local electronics store is offering a promotion one

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Financial Management: The local electronics store is offering a promotion one

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