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A supplier hands you an invoice for $8,000 with the terms 3/10, net 60. What is the implicit interest rate (not annualized) you are charged

A supplier hands you an invoice for $8,000 with the terms 3/10, net 60.

What is the implicit interest rate (not annualized) you are charged if you forgo the discount and pay as late as possible?

4+ Decimals

What is the implicit interest rate (expressed as an annual percentage rate) you are charged if you forgo the discount and pay as late as possible?

3+ Decimals

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