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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
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 4.1% 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 cont)
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Artificial Intelligence For Audit, Forensic Accounting, And Valuation A Strategic Perspective
Authors: Al Naqvi
1st Edition
1119601886, 9781119601883
