Does the dollar size of the invoice affect the percentage annual interest cost of not taking discounts?

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Does the dollar size of the invoice affect the percentage annual interest cost of not taking discounts? Illustrate with an example.

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Fundamentals Of Financial Management

ISBN: 9780273713630

13th Revised Edition

Authors: James Van Horne, John Wachowicz

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Question Posted: Dec 07, 2015 05:44 AM

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Does the dollar size of the invoice affect the percentage annual interest cost of not taking discounts?

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Fundamentals Of Financial Management

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