Explain the following terms: a. 2/10, n /30 b. 3/15, n /60 c. n/40 d. What is

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Explain the following terms:
a. 2/10, n /30
b. 3/15, n /60
c. n/40
d. What is the effective rate of interest you will pay if you do not take advantage of the cash discounts described?

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Entrepreneurial Finance

ISBN: 978-0133140514

6th edition

Authors: Philip J. Adelman; Alan M. Marks

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Question Posted: Jul 31, 2015 09:01 AM

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Explain the following terms: a. 2/10, n /30 b. 3/15, n /60 c. n/40 d. What is

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a If you pay within the first ten days you get a two per...View the full answer

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