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A company makes a purchase under credit terms of 1/10 net 30. At which of the following investment rates should the company be indifferent about
A company makes a purchase under credit terms of 1/10 net 30. At which of the following investment rates should the company be indifferent about taking the discount and paying on day 10 or forgoing the discount and paying on day 30?
a.12%
b.18%
c.25%
d.37%
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