7. Assume the trade credit terms offered to your firm by your suppliers are 3/5, Net 30. Calculate the cost of the trade credit (effective annual rate) from day 5 until day 30 when you paid. 25.37%...


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7.<br>Assume the trade credit terms offered to your<br>firm by your suppliers are 3/5, Net 30. Calculate<br>the cost of the trade credit (effective annual<br>rate) from day 5 until day 30 when you paid.<br>25.37%<br>55.94%<br>21.61%<br>29.30%<br>

Extracted text: 7. Assume the trade credit terms offered to your firm by your suppliers are 3/5, Net 30. Calculate the cost of the trade credit (effective annual rate) from day 5 until day 30 when you paid. 25.37% 55.94% 21.61% 29.30%

Jun 05, 2022
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