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8. [-/1 Points] DETAILS EWENMATH12 1.16.025. 0/100 Submissions Used MY NOTES ASK YOUR TEACHER 3.5% 10 A retailer ordered merchandise totaling $123,115.23 with terms one

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8. [-/1 Points] DETAILS EWENMATH12 1.16.025. 0/100 Submissions Used MY NOTES ASK YOUR TEACHER 3.5% 10 A retailer ordered merchandise totaling $123,115.23 with terms one decimal place.) net 40. What is the effective rate of return? (Simplify your answer completely. Assume there are 365 days in a year. Round your answer to % Need Help? Read It

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