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U0 TTPR! Explain e Worksheet 72.Am Coats wants to buy a home entertainment center. Complet TV, DVD, and sound system, the unit would cost $4,500.

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U0 TTPR! Explain e Worksheet 72.Am Coats wants to buy a home entertainment center. Complet TV, DVD, and sound system, the unit would cost $4,500. Ameli Dgt $15,000 in a money market fund, so she can easily afford to the whole thing (the fund is currently paying 5 percent interest, and n expects that yield to hold for the foreseeable future). To stimulate sales t. dealer is offering to finance the full cost of the unit with a 36-mon interest installment loan at 4 percent. Amelia wants to know whether she should pay cash for the home entertainment center or buy it on time.(it Amelia is in the 28 percent tax bracket and she itemizes deductions on be tax returns.) Briefly explain. 11. Deciding whether to pay cash or finance a purchase. Use Workshe e with a has over pay cash for 5 th

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