Calculate the annualized cost of the trade credit terms of 2 /10 , net when payment is made on the net due date (assume a 365-day year). Question content area bottom Part 1 The annualized cost of the trade credit terms of 2/10 net 60 when payment is made on the net due date

The annualized cost of the trade credit terms of 2/10, net 60 is %?