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AYM bolding firm has credit terms of 2/15 net 45. Customers should take the discount and pay in 15 days if they CANNOT earn more
AYM bolding firm has credit terms of 2/15 net 45. Customers should take the discount and pay in 15 days if they CANNOT earn more than ________ (EAR) on their investments.
A) 17.81% | ||
B) 27.86% | ||
C) 24.83% | ||
D) 16.55% |
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