Question: Electronic Boutique NO INTEREST & NO PAYMENTS * FOR 1 2 MONTHS on all 3 - D TVs * Offer is subject to credit
Electronic Boutique NO INTEREST & NO PAYMENTS FOR MONTHS on all D TVs
Offer is subject to credit approval. No finance charges assessed and no monthly payment required on the promotional purchase if you pay this amount in full by the payment due date as shown on the twelfth th billing statement after purchase date. If you do not, finance charges will be assessed on the promotional purchase amount from the purchase date and minimum monthly payment will be required on balance of amount. Standard account terms apply to nonpromotional balances and, after the promotion ends, to promotional purchases A P R APR of
applies if payment is more than mathbf days late. Sales tax will be paid at the time of purchase.
$ oritimax plis
p true HD resolution for better picture quality. Hz refresh rate, dual core processor, content sharing and screen mirroring Smart TV features let you interact and stream content from the web. Supports apps.
a If you purchased the TV on August of this year and the billing date of the installment loan is the th of each month, when would your first payment be due?
September of this year
August of next year
July of next year
September of next year
July of this year
b What is the required amount of that payment in $
q
c What happens if the payment from part b is late, by less than days, or less than required?
You will be charged an interest of
You will have to purchase the TV in full.
You will be charged an interest of
You will have to repay the sales tax on the TV
You will have to return the TV with no refund.
How much additional money in $ does this amount toRound your answer to the nearest cent.
$
d What happens if the payment from part b is more than days late?
You will be charged an interest of
You will have to purchase the TV in full.
You will be charged an interest of c What happens if the payment from part b is late, by less than days, or less than required?
You will be charged an interest of
You will have to purchase the TV in full.
You will be charged an interest of
You will have to repay the sales tax on the TV
You will have to return the TV with no refund.
How much additional money in $ does this amount toRound your answer to the nearest cent.$
d What happens if the payment from part b is more than days late?
You will be charged an interest of
You will have to purchase the TV in full.
You will be charged an interest of
You will have to repay the sales tax on the TV
You will have to return the TV with no refund.
How much additional money in $ does this amount toRound your answer to the nearest cent.$
e What are some of the advantages of this offer? Select all that apply.
There are no finance charges, if paid in full by the payment due date.
There are no monthly payments on the TV if paid in full by the payment due date.
There is nothing to pay at the time of purchase.
The finance charges for late or incomplete payments are high.
There is a discout on the TV price.
If payments are late by more than days, the APR on the balances increases.
What are some of the disadvantages of this offer? Select all that apply.
There are no finance charges, if paid in full by the payment due date.
There are no monthly payments on the TV if paid in full by the payment due date.
There is nothing to pay at the time of purchase.
The finance charges for late or incomplete payments are high.
There is a discout on the TV price.
If payments are late by more than days, the APR on the balances increases.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
