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Cost of giving up the early payment discounts Determine the cost of giving up the early payment discounts under the following terms of sale:2/ 10

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Cost of giving up the early payment discounts Determine the cost of giving up the early payment discounts under the following terms of sale:2/ 10 net 180. (Note: Assume a 365-day year.) The cost of giving up the early payment discount is |%. (Round to two decimal places.)

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