You have decided to purchase a large screen tv and the rent


You have decided to purchase a large screen TV and the Rent to Own store. The TV would cost $1,200 but you will be making payments of $150 a month for a year. Asuming your MARR is 27%, compounded monthly, what is the present worth of this purchase?

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Business Economics: You have decided to purchase a large screen tv and the rent
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