(e) What are some of the advantages of this offer? (Select all that apply.) O There is nothing to pay at the time of purchase. There is a discout on the TV price. There are no finance charges, if paid in full by the payment due date. The finance charges for late or incomplete payments are high. O There are no monthly payments on the TV, if paid in full by the payment due date. O 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.) O There is nothing to pay at the time of purchase. There is a discout on the TV price. There are no finance charges, if paid in full by the payment due date. O The finance charges for late or incomplete payments are high. O There are no monthly payments on the TV, if paid in full by the payment due date. If payments are late by more than 30 days, the APR on the balances increases.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Question
The advertisement for the 3-D TV at the Electronic Boutique appeared in your
local newspaper this morning. Answer the questions based on the information in
the ad.
Electronic Boutique
NO INTEREST &
ΝΟ PΑΥΜΕNTS"
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
mot, 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 dhe promotion endk, $3,999 gi P
to promotional purchases. APR - 23.83%. APR of 25.65%
A0n tre HD reselution for better piture quality
120r etreh rata, dal core procesoe content
sharing and sreen niring Smurt IV feat
let you interact and stream contost ton the weh
Sapports apps
applies if payment is more than 30 days late. Sales tax will be paid
at the time of purchase.
billing
onth, when would your first
and t
the instaiment loan is the 15th of
ayment be due?
October of this year
August of next year
September of next year
O August of this year
O October of next yea
(b) What is the required amount of that payment (in s)?
What happens if the payment from part (b) is late, by less than 30 days, or
less than required?
O You will be charged an interest of 25.65%.
O You will be charged an interest of 23.83%.
OYou will have to purchase the TV in full,
O You will have to repay the sales tax on the TV.
O 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.)
(0) What happens if the payment from part (b) is more than 30 days late?
o You will be charged an interest of 25.65%.
O You will be charged an interest of 23.83%.
O You will have to purchase the TV in full.
O You will have to repay the sales tax on the TV.
O You wilI have to return the TV, with no refund.
How much additional money (in S) 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.)
O There is nothing to pay at the time of purchase.
O There is a discout on the TV price.
O There are no finance charges, if paid in full by the payment due date.
or incomplete payments are high.
O The finance charges for
O There are no monthly payments on the TV, if paid in full by the payment
due date.
O 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.)
O There is nothing to pay at the time of purchase.
O There is a discout on the TV price.
O There are no finance charges, if paid in full by the payment due date.
O The finance charges for late or incomplete payments are high.
O There are no monthly payments on the TV, if paid in full by the payment
due date.
O If payments are late by more than 30 days, the APR on the balances
increases.
Transcribed Image Text:The advertisement for the 3-D TV at the Electronic Boutique appeared in your local newspaper this morning. Answer the questions based on the information in the ad. Electronic Boutique NO INTEREST & ΝΟ PΑΥΜΕNTS" 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 mot, 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 dhe promotion endk, $3,999 gi P to promotional purchases. APR - 23.83%. APR of 25.65% A0n tre HD reselution for better piture quality 120r etreh rata, dal core procesoe content sharing and sreen niring Smurt IV feat let you interact and stream contost ton the weh Sapports apps applies if payment is more than 30 days late. Sales tax will be paid at the time of purchase. billing onth, when would your first and t the instaiment loan is the 15th of ayment be due? October of this year August of next year September of next year O August of this year O October of next yea (b) What is the required amount of that payment (in s)? What happens if the payment from part (b) is late, by less than 30 days, or less than required? O You will be charged an interest of 25.65%. O You will be charged an interest of 23.83%. OYou will have to purchase the TV in full, O You will have to repay the sales tax on the TV. O 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.) (0) What happens if the payment from part (b) is more than 30 days late? o You will be charged an interest of 25.65%. O You will be charged an interest of 23.83%. O You will have to purchase the TV in full. O You will have to repay the sales tax on the TV. O You wilI have to return the TV, with no refund. How much additional money (in S) 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.) O There is nothing to pay at the time of purchase. O There is a discout on the TV price. O There are no finance charges, if paid in full by the payment due date. or incomplete payments are high. O The finance charges for O There are no monthly payments on the TV, if paid in full by the payment due date. O 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.) O There is nothing to pay at the time of purchase. O There is a discout on the TV price. O There are no finance charges, if paid in full by the payment due date. O The finance charges for late or incomplete payments are high. O There are no monthly payments on the TV, if paid in full by the payment due date. O If payments are late by more than 30 days, the APR on the balances increases.
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