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. -- AD ATTACHED-- A] If you purchased the TV on August 22 of this year and the billing date of the installment loan is the 15th of each month, when would your first payment be due? July of next yearAugust of next year September of next yearJuly of this yearSeptember of this year B] What is the required amount of that payment (in $)? $ 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 23.75%.You will have to purchase the TV in full. You will be charged an interest of 21.73%.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 23.75%.You will have to purchase the TV in full. You will be charged an interest of 21.73%.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.) a) There is a discout on the TV price. b) If payments are late by more than 30 days, the APR on the balances increases. c) There is nothing to pay at the time of purchase. d) There are no monthly payments on the TV, if paid in full by the payment due date. e) The finance charges for late or incomplete payments are high. f) There are no finance charges, if paid in full by the payment due date. What are some of the disadvantages of this offer? (Select all that apply.) a) There is a discout on the TV price. b) If payments are late by more than 30 days, the APR on the balances increases. c) There is nothing to pay at the time of purchase. d) There are no monthly payments on the TV, if paid in full by the payment due date. e) The finance charges for late or incomplete payments are high. f) There are no finance charges, if paid in full by the payment due date.

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. -- AD ATTACHED-- A] If you purchased the TV on August 22 of this year and the billing date of the installment loan is the 15th of each month, when would your first payment be due? July of next yearAugust of next year September of next yearJuly of this yearSeptember of this year B] What is the required amount of that payment (in $)? $ 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 23.75%.You will have to purchase the TV in full. You will be charged an interest of 21.73%.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 23.75%.You will have to purchase the TV in full. You will be charged an interest of 21.73%.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.) a) There is a discout on the TV price. b) If payments are late by more than 30 days, the APR on the balances increases. c) There is nothing to pay at the time of purchase. d) There are no monthly payments on the TV, if paid in full by the payment due date. e) The finance charges for late or incomplete payments are high. f) There are no finance charges, if paid in full by the payment due date. What are some of the disadvantages of this offer? (Select all that apply.) a) There is a discout on the TV price. b) If payments are late by more than 30 days, the APR on the balances increases. c) There is nothing to pay at the time of purchase. d) There are no monthly payments on the TV, if paid in full by the payment due date. e) The finance charges for late or incomplete payments are high. f) There are no finance charges, if paid in full by the payment due date.

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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Related questions

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.

-- AD ATTACHED--

A] If you purchased the TV on August 22 of this year and the billing date of the installment loan is the 15th of each month, when would your first payment be due?

July of next yearAugust of next year September of next yearJuly of this yearSeptember of this year

B] What is the required amount of that payment (in $)? $

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 23.75%.You will have to purchase the TV in full. You will be charged an interest of 21.73%.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?

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.)

a) There is a discout on the TV price.

b) If payments are late by more than 30 days, the APR on the balances increases.

c) There is nothing to pay at the time of purchase.

d) There are no monthly payments on the TV, if paid in full by the payment due date.

e) The finance charges for late or incomplete payments are high.

f) There are no finance charges, if paid in full by the payment due date.

What are some of the disadvantages of this offer? (Select all that apply.)

a) There is a discout on the TV price.