The advertisement for the 3-D TV at the Electronic Boutique appeared in your local newspaper this morning. Answer the questions based on the information in the ad. 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 te monthly payment required on the promenad purchase ir you pay this armeint in full by the payment due date as shown the twelfth (126) billing statement after purchase ole. If you do sot, taxe charges will be assessed on the promotional purchase amount from the purchase date and minimum months Payment all be required on balance of amount Standard unter $3,599 be apply to now-promotional values and after the promotion each Dreadfpirits to promotional pichaex APR = 23.83%. APR of 25.759 120 cm Vatus appies I payment is more than 30 days late. Sakes the will be paid rendre contest the Sport at the time of purchase (a) If you purchased the TV on June 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? May of next year July of this year July of next year June of next year May of this year (b) What is the required amount of that payment (in $)? $ (c) What happens if the payment from part (b) is late, by less than 30 days, or less than required? O You will have to repay the sales tax on the TV. You will be charged an interest of 25.75%. O You will be charged an interest of 23.83%. O 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.) $ (d) What happens if the payment from part (b) is more than 30 days late? You will have to repay the sales tax on the TV. You will be charged an interest of 25.75%. You will be charged an interest of 23.83%. You will have to purchase the TV in full. O You will have to return the TV, with no refund. How much additional money (in s) 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 a discout on the TV price. The finance charges for late or incomplete payments are high. There are no finance charges, if paid in full by the payment due date. There is nothing to pay at the time of purchase. If payments are late by more than 30 days, the APR on the balances increases. There are no monthly payments on the TV, if paid in full by the payment due date (d) What happens if the payment from part (b) is more than 30 days late? You will have to repay the sales tax on the TV. You will be charged an interest of 25.75%. You will be charged an interest of 23.83%. You will have to purchase the TV in full. O 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 a discout on the TV price. The finance charges for late or incomplete payments are high. There are no finance charges, if paid in full by the payment due date. There is nothing to pay at the time of purchase. If payments are late by more than 30 days, the APR on the balances increases. There are no monthly payments on the TV, if paid in full by the payment due date. What are some of the disadvantages of this offer? (Select all that apply.) There is a discout on the TV price. The finance charges for late or incomplete payments are high. There are no finance charges, if paid in full by the payment due date. There is nothing to pay at the time of purchase. If payments are late by more than 30 days, the APR on the balances increases. There are no monthly payments on the TV, if paid in full by the payment due date. The advertisement for the 3-D TV at the Electronic Boutique appeared in your local newspaper this morning. Answer the questions based on the information in the ad. 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 te monthly payment required on the promenad purchase ir you pay this armeint in full by the payment due date as shown the twelfth (126) billing statement after purchase ole. If you do sot, taxe charges will be assessed on the promotional purchase amount from the purchase date and minimum months Payment all be required on balance of amount Standard unter $3,599 be apply to now-promotional values and after the promotion each Dreadfpirits to promotional pichaex APR = 23.83%. APR of 25.759 120 cm Vatus appies I payment is more than 30 days late. Sakes the will be paid rendre contest the Sport at the time of purchase (a) If you purchased the TV on June 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? May of next year July of this year July of next year June of next year May of this year (b) What is the required amount of that payment (in $)? $ (c) What happens if the payment from part (b) is late, by less than 30 days, or less than required? O You will have to repay the sales tax on the TV. You will be charged an interest of 25.75%. O You will be charged an interest of 23.83%. O 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.) $ (d) What happens if the payment from part (b) is more than 30 days late? You will have to repay the sales tax on the TV. You will be charged an interest of 25.75%. You will be charged an interest of 23.83%. You will have to purchase the TV in full. O You will have to return the TV, with no refund. How much additional money (in s) 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 a discout on the TV price. The finance charges for late or incomplete payments are high. There are no finance charges, if paid in full by the payment due date. There is nothing to pay at the time of purchase. If payments are late by more than 30 days, the APR on the balances increases. There are no monthly payments on the TV, if paid in full by the payment due date (d) What happens if the payment from part (b) is more than 30 days late? You will have to repay the sales tax on the TV. You will be charged an interest of 25.75%. You will be charged an interest of 23.83%. You will have to purchase the TV in full. O 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 a discout on the TV price. The finance charges for late or incomplete payments are high. There are no finance charges, if paid in full by the payment due date. There is nothing to pay at the time of purchase. If payments are late by more than 30 days, the APR on the balances increases. There are no monthly payments on the TV, if paid in full by the payment due date. What are some of the disadvantages of this offer? (Select all that apply.) There is a discout on the TV price. The finance charges for late or incomplete payments are high. There are no finance charges, if paid in full by the payment due date. There is nothing to pay at the time of purchase. If payments are late by more than 30 days, the APR on the balances increases. There are no monthly payments on the TV, if paid in full by the payment due date