a-f

(Trade credit discounts) Determine the effective annualized cost of forgoing the trade credit discount on the following terms: a. 1/7, net 25 b. 2/10, net 20 c. 2/6, net 30 d. 5/10, net 60 e. 4/7, net 70 f. 3/6, net 80 a. What is the effective annualized cost of forgoing the discount on the trade credit terms of 1/7, net 25 ? Use a 360-day year. \% (Round to two decimal places.)