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Buy Lo Stores purchases its invertory from its suppliers on terms of 2/10 net 30. As it needs cash to pay off a loan that

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Buy Lo Stores purchases its invertory from its suppliers on terms of 2/10 net 30. As it needs cash to pay off a loan that is coming due it decides not take the discount and delay payment until the 45th day. What would be the EFFECTIVE rate it pays by delaying its payment? Enter only numbers and decimal (do not use % ugn)

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