Zahid Purchased a Large-Screen TV at a Local Store in December

Multiple Choice

Zahid purchased a large-screen TV at a local store in December, that had advertised, "No payment for 6 months." Amount to be paid after 6 months is $1495 plus HST (13%) plus an administration fee of $79. If money is worth 2.5%, what is the actual cost of the TV to Zahid on the day of the purchase?

A) $1746.52
B) $1790.45
C) $1476.54
D) $1554.57
E) $1768.35