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Assuming a purchase of $100 of products, what is the implicit interest rate in the credit terms of 1/2; net 70? Assume a 365 day

Assuming a purchase of $100 of products, what is the implicit interest rate in the credit terms of 1/2; net 70? Assume a 365 day year. 1.00% 2.00% 3.33% 5.54% Greater than 25%

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