Question: An electronics store offers you no interest financing for one year on a $1000 flat- screen television. A nearby electronics store offers the same television

An electronics store offers you no interest financing for one year

An electronics store offers you no interest financing for one year on a $1000 flat- screen television. A nearby electronics store offers the same television on sale at $985. You have set aside $1000 for this purchase in your bank account that earns 3% interest annually. Which offer is a better deal? O no interest financing on the $1000 price O the sale price of $985

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