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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
| 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.) |
| Cost of Lost Discount | |||
| a. | 2/10, net 40 | % | |
| b. | 2/15, net 30 | % | |
| c. | 2/10, net 45 | % | |
| d. | 3/10, net 90 | % | |
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Global Finance And The Macroeconomy
Authors: A. Makin
1st Edition
0333736982, 978-0333736982
