The local electronics store is offering a promotion $"1-$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 $$1,250$

TV today, you will owe them $$1,250$ in one year. If your bank is offering $3\mathrm{.}6\%$ interest, what

is the true cost of the TV to you today?

The true cost of the TV to you today is $$.($Round to the nearest cent.$)$