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Assuming you have 60-day payment term and one of your customers requested to pay you 30-days early, if you give him a 2% discount. e.

Assuming you have 60-day payment term and one of your customers requested to pay you 30-days early, if you give him a 2% discount.

e. What is the annualized cost of the discount requested by your customer?

f. Will you accept it? Explain

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