A coffee roaster supplier sells coffee beans to retailers on either of the following terms: (i)...

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A coffee roaster supplier sells coffee beans to retailers on either of the following terms: (i) Cash payment: 30% below recommended retail price, (ii) Six months' credit: 25% below recommended retail price. Find the effective annual rate of discount offered by the roaster to retailers who pay cash. Give your answer as percentage, with 2 decimal digits (e.g. 3.12%). d = Number %. Express this as an effective annual interest rate charged to those retailers who accept the credit terms. Give your answer as percentage, with 2 decimal digits (e.g. 3.12%). i Number %. The coffee roaster supplier is considering changing his credit terms. Credit for 6 months will no longer be available, but for 3 months' credit, a discount of 27.5% below the recommended retail price will be allowed. The terms for cash payment will be unaltered. Find the effective annual rate of discount to cash purchasers. Give your answer as percentage, with 2 decimal digits (e.g. 3.12%). d = Number %. Does this new arrangement offer a greater or lower effective annual rate of discount to cash purchasers No change Greater Lower None of the other answers. A coffee roaster supplier sells coffee beans to retailers on either of the following terms: (i) Cash payment: 30% below recommended retail price, (ii) Six months' credit: 25% below recommended retail price. Find the effective annual rate of discount offered by the roaster to retailers who pay cash. Give your answer as percentage, with 2 decimal digits (e.g. 3.12%). d = Number %. Express this as an effective annual interest rate charged to those retailers who accept the credit terms. Give your answer as percentage, with 2 decimal digits (e.g. 3.12%). i Number %. The coffee roaster supplier is considering changing his credit terms. Credit for 6 months will no longer be available, but for 3 months' credit, a discount of 27.5% below the recommended retail price will be allowed. The terms for cash payment will be unaltered. Find the effective annual rate of discount to cash purchasers. Give your answer as percentage, with 2 decimal digits (e.g. 3.12%). d = Number %. Does this new arrangement offer a greater or lower effective annual rate of discount to cash purchasers No change Greater Lower None of the other answers.