Naptime Inc. currently offers terms of sale of 3/30, net 80 to its customers who buy their

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Naptime Inc. currently offers terms of sale of 3/30, net 80 to its customers who buy their top-end mattresses. What is the effective annual rate charged to its customers who take the full 80 days to pay?

Posted Date: May 19, 2024 12:11 AM

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Naptime Inc. currently offers terms of sale of 3/30, net 80 to its customers who buy their

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