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Clear A furniture store is offering free credit on purchases over $1,000. You observe that a big-screen television can be purchased for nothing down and

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Clear A furniture store is offering free credit on purchases over $1,000. You observe that a big-screen television can be purchased for nothing down and $3,800 due in one year. The store next door offers an identical television for $3,650 but does not offer credit terms. Which statement below best describes the cost of the "free' credit? A. 3.58% B. 9.13% O c. 9.59% D.4.11%

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