Assignment you are taking the role of a financial adviser three times- to buy a new television

Assignment you are taking the role of a financial adviser three times. Your customer has an opportunity to buy a new television $1200, but does not have the cash. The store offers to finance the television % of the purchase price with even payments at the end of each month months. That is, 12 payments of $110 total of $1320.Write a short one paragraph email to the customer explaining what the true annual percentage rate is deal. The paragraph should explain how this is different from the seemingly straight 10% “interest” charge.In a clear conflict of interest, you are also advising the store. Suppose the store has a discount rate of 10%.Write a short one paragraph email to the store that states what the net present value of this deal is . Explain why this is (or is not) a good deal store.Finally, suppose the store decides that their discount rate is really 18%.Write a short one paragraph email to the store the states what the net present value of the deal is with the higher discount rate. Explain why this is (or is not) a good deal store.