1.The terms of the sale were 5/11, net 61. What is the effective annual rate of interest?...

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1.The terms of the sale were 5/11, net 61. What is the effective annual rate of interest? Convert your answer to percentage and round off to two decimal points. Do not enter % 2.ABC company makes 34...

Posted Date: May 25, 2024 07:01 AM

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1.The terms of the sale were 5/11, net 61. What is the effective annual rate of interest?...

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