(Trade credit discounts) Determine the effective annualized cost of forgoing the trade credit discount on the...
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(Trade credit discounts) Determine the effective annualized cost of forgoing the trade credit discount on the following terms: a. 2/8, net 35 b. 1/8, net 25 c. 3/6, net 40 d. 5/7, net 50 e. 5/5, net 60 f. 4/8, net 80 a. What is the effective annualized cost of forgoing the discount on the trade credit terms of 2/8, net 35? Use a 360-day year. % (Round to two decimal places.) (Trade credit discounts) Determine the effective annualized cost of forgoing the trade credit discount on the following terms: a. 2/8, net 35 b. 1/8, net 25 c. 3/6, net 40 d. 5/7, net 50 e. 5/5, net 60 f. 4/8, net 80 a. What is the effective annualized cost of forgoing the discount on the trade credit terms of 2/8, net 35? Use a 360-day year. % (Round to two decimal places.)
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