Question: answer this with solution On a 365-day basis, if payment is made on the twentieth day under trade 2 points credit terms of 2/10, net

answer this with solution answer this with solution On a 365-day basis, if payment is made

On a 365-day basis, if payment is made on the twentieth day under trade 2 points credit terms of 2/10, net 30. How many days is the effective borrowed fund? * 50 days 10 days 5 days 30 days 20 days

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