Question: An appliance store advertises a sofa for $499.99 with nothing down, no payments, and no interest for six months. Determine the cash value the store

An appliance store advertises a sofa for $499.99 with nothing down, no payments, and no interest for six months. Determine the cash value the store would be willing to accept on a six-month investment, if it can earn an interest rate of 3.5%.

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