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Business, 24.12.2019 19:31 gl648809

Your supplier offers terms of 1/20, net 45. what is the effective annual cost of trade credit if you choose to forgo the discount and pay on day 45? (hint: use a 365-day year). the effective annual cost is nothing%. (rounded to two decimal places.)

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Your supplier offers terms of 1/20, net 45. what is the effective annual cost of trade credit if you...
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