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Compute the effective cost of not taking the cash discount under the following trade credit terms: a. 2/10 net 40 b. 2/10 net 50 c.

Compute the effective cost of not taking the cash discount under the following trade credit terms: a. 2/10 net 40 b. 2/10 net 50 c. 3/10 net 50 d. 2/20 net 40

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