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A vendor offers you trade credit terms of 3/5, net 45. Assume a 365-day year to calculate the value of this offer on an annual

A vendor offers you trade credit terms of 3/5, net 45. Assume a 365-day year to calculate the value of this offer on an annual basis Select one @ a. 28.22% O b. 27.84% c. 9.16% d. 25.09% 24.74%

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