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A firm offers terms of 2/5, net 30. What effective annual interest rate does the firm earn when a customer does not take the discount?
A firm offers terms of 2/5, net 30. What effective annual interest rate does the firm earn when a customer does not take the discount? Group of answer choices 21.69 percent 24.42 percent 28.9...
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
12th edition
978-0324597714, 324597711, 324597703, 978-8131518571, 8131518574, 978-0324597707
