Homework: Chapter 3 Homework Problems Score: 0 of 1 pt 9 of 20 (9 complete) HW Score: 37.08%, 7 42 of 20 pts P 3-16 (similar to) E Question Hep The local electronics store is offering a promotion "1-year same as cash,"meaning home a S1 200 TV today, you will owe them S 1,200 in one year if your bank is offering 4 5% interest what is the true cost of the TV that you can buy a TV now, and wait a year to pay (with no interest) So, if you take to y today? The true cost of the TV to you today is (Round to the nearest cent ) 9 3 All parts showing 70