Calculate the APR and REAR of non-free trade credit associated with credit terms of 2/10, net...
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Calculate the APR and REAR of non-free trade credit associated with credit terms of 2/10, net 30, and 1.5/20, net 60, assuming that customers who do not take the discount a. pay on the last due date. Assume there are 360 days in a year. Do not round intermediate calculations. Round your answers to two decimal places. Credit terms of 2/10, net 30 1.5/20, net 60 APR TEAR % % % % b. delay payment until 10 days after the last due date. Assume there are 360 days in a year. Do not round intermediate calculations. Round your answers to two decimal places. Credit terms of 2/10, net 30 1.5/20, net 60 APR % % % % Calculate the APR and REAR of non-free trade credit associated with credit terms of 2/10, net 30, and 1.5/20, net 60, assuming that customers who do not take the discount a. pay on the last due date. Assume there are 360 days in a year. Do not round intermediate calculations. Round your answers to two decimal places. Credit terms of 2/10, net 30 1.5/20, net 60 APR TEAR % % % % b. delay payment until 10 days after the last due date. Assume there are 360 days in a year. Do not round intermediate calculations. Round your answers to two decimal places. Credit terms of 2/10, net 30 1.5/20, net 60 APR % % % %
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