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(Annual percentage yield Computo the cost of the following trade credit torms using the compounding formula, or effective annual rate Noto: Assume a 30 day
(Annual percentage yield Computo the cost of the following trade credit torms using the compounding formula, or effective annual rate Noto: Assume a 30 day month and 360-day year. a. 4/5, net 60 b. 2/10, not 45 c. 3/10, net 60 d. 4/15, net 30 a. When payment is made on the net due date, the APR of the credit terms of 4/5, net 60 in 0% (Round to two decimal places)
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