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 12 MONTHS on all 3-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 (12th) 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 non-promotional balances and, after the promotion ends, to promotional purchases \( A P R=21.83\%\). APR of \(23.65\%\)
applies if payment is more than \(\mathbf{30}\) days late. Sales tax will be paid at the time of purchase.
\(\$ 3,999\) oritimax plis
1080 p true HD resolution for better picture quality. 120 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 23 of this year and the billing date of the installment loan is the 15th 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 30 days, or less than required?
You will be charged an interest of \(23.65\%\).
You will have to purchase the TV in full.
You will be charged an interest of \(21.83\%\).
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 to?(Round your answer to the nearest cent.)
\$
(d) What happens if the payment from part (b) is more than 30 days late?
You will be charged an interest of \(23.65\%\).
You will have to purchase the TV in full.
You will be charged an interest of \(21.83\%\).(c) What happens if the payment from part (b) is late, by less than 30 days, or less than required?
You will be charged an interest of \(23.65\%\).
You will have to purchase the TV in full.
You will be charged an interest of \(21.83\%\).
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 to?(Round your answer to the nearest cent.)\$
(d) What happens if the payment from part (b) is more than 30 days late?
You will be charged an interest of \(23.65\%\).
You will have to purchase the TV in full.
You will be charged an interest of \(21.83\%\).
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 to?(Round 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 30 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 30 days, the APR on the balances increases.
 Electronic Boutique NO INTEREST \& NO PAYMENTS* FOR 12 MONTHS on

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