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Cash Crunched Company (CCC) purchases computer parts from its suppliers 2/5, net 60. However, CCC routinely stretches accounts payable 10 days beyond the due date.

Cash Crunched Company (CCC) purchases computer parts from its suppliers 2/5, net 60. However, CCC routinely stretches accounts payable 10 days beyond the due date. How much does the account stretching reduce the cost of not taking the trade discount?

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