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Corona Corporation offers a trade credit term of X/Y net 60 to its customers. If APR is 50% with m (number of periods in year)
Corona Corporation offers a trade credit term of X/Y net 60 to its customers. If APR is 50% with m (number of periods in year) of 12. Assume 360 days per year. Corona's credit term is Select one: a. 5/20 net 60. b.5/30 net 60. O c. 4/20 net 60. O d. 4/30 net 60
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