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Ben's Bulk Barn sells wholesale wholefoods and one of its suppliers is offering the opportunity to purchase product on credit terms of net 30 days

Ben's Bulk Barn sells wholesale wholefoods and one of its suppliers is offering the opportunity to purchase product on credit terms of net 30 days from the invoice date with a 1.4% cash discount if paid within 3 days. What is the implicit interest cost of foregoing the cash discount? (Important: Please enter to the nearest 10th of a percent. For example, 10.1% should be entered in as .101)

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