Annual Rate is 8.6%

How much will you pay for the parts if you pay today?

Question 22 Your parts supplier gives you 0.5 of a year to pay for parts ordered today. or offers you a discount if you pay cash at purchase. You have just purchased $57,700 worth of parts from your supplier and the discount is at an annual rate of 8.8%. How much will you p today? O $41,500 O$45,759 O$55,368 $50,335 O $60,905