Electronic Boutique NO INTEREST & NO PAYMENTS FOR 12 MONTHS on all 3-D TVs * *Offer is subject to credit approval . No finance charges assessed and no monthly payment required on the promotional purchase if you pay this amount in full by the payment due date as shown on the twelfth (12th) billing statement after purchase date. If you do not, finance charges will be assessed on the promotional purchase amount from the purchase date and minimum monthly payment apply to non-promotional balances and, after the promotion ends, $3,599 ording 1080p true HD resolution for better picte to promotional purchases. APR = 21.73%. APR of 23.65% 120H2 refresh rate, dual core processor sharing and screen mirroring Smart TV f let you interact and stream content from applies if payment is more than 30 days late. Sales tax will be paid Supports apps at the time of purchase. (a) If you purchased the TV on April 23 of this year and the billing date of the installment loan is the 15th of each month, when would your first payment be due? April of next year May of next year March of this year March of next year May of this year (b) What is the required amount of that payment (in ? (e) What happens if the payment from part (b) is late, by less than 30 days, or less than required? You will be charged an interest of 21.73%. You will be charged an interest of 23.65%. o You will have to repay the sales tax on the TV. You will have to purchase the TV in full. You will have to return the TV, with no refund. How much additional money (in $) does this amount to? (Round your answer to the nearest cent.) $ (a) What happens if the payment from part (b) is more than 30 days late? You will be charged an interest of 21.73%. You will be charged an interest of 23.65%. You will have to repay the sales tax on the TV. You will have to purchase the TV in full. You will have to return the TV, with no refund. How much additional money (in $) does this amount to? (Round your answer to the nearest cent.) $ (e) What are some of the advantages of this offer? (Select all that apply.) There is nothing to pay at the time of purchase. There are no monthly payments on the TV, if paid in full by the payment due date. There are no finance charges, if paid in full by the payment due date. There is a discout on the TV price. If payments are late by more than 30 days, the APR on the balances increases. The finance charges for late or incomplete payments are high. What are some of the disadvantages of this offer? (Select all that apply.) There is nothing to pay at the time of purchase. There are no monthly payments on the TV, if paid in full by the payment due date. There are no finance charges, if paid in full by the payment due date. There is a discout on the TV price. If payments are late by more than 30 days, the APR on the balances increases. The finance charges for late or incomplete payments are high