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Compute the annual approximate interest cost of not taking a discount using the following scenarios. 2/10 net 20 2/10 net 30 2/10 net 40 2/10

Compute the annual approximate interest cost of not taking a discount using the following scenarios. 2/10 net 20 2/10 net 30 2/10 net 40 2/10 net 50 2/10 net 60 What conclusion can be drawn from the calculations?

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