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calculate the annualized cost of the trade credit terms of 4/10, net 45 when payment is made on the net due date (assume a 365-day

calculate the annualized cost of the trade credit terms of 4/10, net 45 when payment is made on the net due date (assume a 365-day year). The annualized cost of the trade credit terms of 4/10, net 45 is ___%

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