Question: Based on the Dell computer promotion in Question 8, if Smith chose to pay cash at one time and get cash back. How much should

Based on the Dell computer promotion in Question 8, if Smith chose to pay cash at one time and get cash back. How much should he actually pay to buy the computer? If we assume current market rate i = 9%.

$3,000.00

$2,578.54

$2,688.78

$2,770.50

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