Question: answer this with solution On a 365-day basis, using a trade credit terms of 2/10, net 30, and payment is made on the twentieth day.

answer this with solution

On a 365-day basis, using a trade credit terms of 2/10, net 30, and payment is made on the twentieth day. What does 2 represent? 2 points * O rate per period O annual rate effective rate interest rate discount rate

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