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Compute the cost of not taking the following cash discounts. (Use a 360-day year. Do not round intermediate calculations. Input your final answers as

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Compute the cost of not taking the following cash discounts. (Use a 360-day year. Do not round intermediate calculations. Input your final answers as a percent rounded to 2 decimal places.) Answer is complete but not entirely correct. Cost of Lost Discount a. 2/17, net 55 27.16 % b. 2/15, net 55 28.26% c. 3/14, net 30 57.69% d. 4/13, net 190 6.40 % A pawnshop will lend $3,500 for 45 days at a cost of $30 interest. What is the effective rate of interest? (Use a 360-day year. Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Effective rate of interest %

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