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Business, 25.10.2019 18:43 star6097

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1. chris and emily want to buy a new couch and have found the one they want for $999. they only have $200 save, but they can take advantage of a six months same as cash deal. over the next six months, they could save up the extra $799, pay it off early, and save on the interest. is this a good deal? what advice would you give them?

2. matt recently graduated from college and moved into his first apartment. he visits an electronics store to find a new television for which he has saved $750. he is looking at tvs in his price range when he is approached by a salesperson. the salesperson tells him about the current store promotion of no interest for one year on purchases of $1,000 or more. matt knows that he could get a much larger tv for $1,000 and considers the offer. should he finance the larger tv and take advantage of this free money while it is available? what is your advice for matt?

3. while ella, a college student, was driving to campus, she noticed a billboard with a girl wearing the same designer jacket she’d seen in a celebrity magazine she was reading over lunch. she received an email that day offering a coupon for 30% off at a store that displays the same jacket. explain how marketing has influenced her.

4. kate enjoys horseback riding and has been wanting a new show saddle for her horse. she has been saving her baby-sitting money for a year and finally has the $680. prior to making the purchase, kate’s dad congratulates her on meeting her savings goal. he also reminds her to really consider the opportunity cost of her decision. kate is confused about what her dad means by this. how would you explain opportunity cost to kate

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