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a,b,c,d please (Annual porcentage yield) Compute the cost of the following trade credit terms using the compounding formula, or effective annual rate. Note. Assume a
a,b,c,d please
(Annual porcentage yield) Compute the cost of the following trade credit terms using the compounding formula, or effective annual rate. Note. Assume a 30-day month and 360-day year a. 4/5, net 45 b. 3/10, net 30 c. 2/15, net 60 d. 4/15, net 45 GED a. When payment is made on the net due date, the APR of the credit terms of 4/5, net 45 is 0% (Round to two decimal places.) Step by Step Solution
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