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Assuming a 365-day year, calculate the annualized cost (interest charge) of giving up the cash discount under these terms of the invoice: (A)2.5/10 net 30.
Assuming a 365-day year, calculate the annualized cost (interest charge) of giving up the cash discount under these terms of the invoice:
(A)2.5/10 net 30.
(B)2.5/10 net 45.
(C)1.75/10 net 60.
(D)3/10 net 90.
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