XYZ Corporation agreed with its major supplier a credit term of 3/30, n/75. Using 360 days in

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XYZ Corporation agreed with its major supplier a credit term of 3/30, n/75. Using 360 days in a year, what would the compound annualized cost of this payable?

Posted Date: Sep 19, 2021 08:38 AM

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XYZ Corporation agreed with its major supplier a credit term of 3/30, n/75. Using 360 days in

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Step 1 In this we have to calculate the annual cost of credit using form... View the full answer

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