You are a financial manager for a town that is considering whether it should resurface a local roadway either this year or next year. A local asphalt contractor has provided your town a quote to resurface the street this year of $2.6 million, payable immediately. If the town chooses to wait until next year, the company will allow you to lock in a price of $3.0 million, payable one year from today. If the relevant interest rate available to the town is 3.5%, should the company sign the contract to resurface the street this year, or next, and why? all large appliances a "1-Year, Same as Cash" promotion on ali large appliances and electronics. What this means is that you can purchase a large appliance or electronic such as a refrigerator or television today, but not have to pay for it for one whole year and you will pay the same price one year from now as you would today. This is a type of 0% financing promotion, meaning they are offering to, in effect, let you purchase the item on credit with no interest charges. - You decide to purchase a $1,400 television and take advantage of the promotion, meaning you will not owe them the $1,400 until one year from today. - If your bank is offering 4% interest on savings deposits