Question: The local electronics store is offering a promotion 1 - year: same as cash, meaning that you can buy a TV now, and wait

The local electronics store is offering a promotion "1-year: same as cash," meaning that you
can buy a TV now, and wait a year to pay (with no interest). So, if you take home a $1,250
TV today, you will owe them $1,250 in one year. If your bank is offering 3.6% interest, what
is the true cost of the TV to you today?
The true cost of the TV to you today is $.(Round to the nearest cent.)
The local electronics store is offering a promotion "1-year: same as

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