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Calculate the nominal annual cost of trade credit under each of the following terms. Assume a 365 day year. Do not round intermediate calculations. Round

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Calculate the nominal annual cost of trade credit under each of the following terms. Assume a 365 day year. Do not round intermediate calculations. Round your answers to two decimal places. a. 1/15, net 25 % b. 2/10, net 60 9% G. 3/10, net 50 % y d. 2/10, net 50. % e. 2/15, net 45 %

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