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A firm offers terms of 1 / 1 0 , net 3 0 . a . What effective annual interest rate does the firm earn
A firm offers terms of net
a What effective annual interest rate does the firm earn when a customer does not take the discount? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
b What effective annual interest rate does the firm earn if the discount is changed to percent? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
c What effective annual interest rate does the firm earn if the credit period is increased to days? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
d What effective annual interest rate does the firm earn if the discount period is increased to days? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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