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38) Determine the cost of giving up the cash discount under the following term of sale 1/10 net 45 , (Note: Use 365 days year).
38)
Determine the cost of giving up the cash discount under the following term of sale 1/10 net 45 , (Note: Use 365 days year).
Select one:
a. 12.54%
b. 61.11%
c. 13.56%.
d. 10.53%
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