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Cost of Trade Credit) Calculate the effective cost of the following trade credit terms where payment is made on the net due date a.2/10 net

Cost of Trade Credit) Calculate the effective cost of the following trade credit terms where payment is made on the net due date

a.2/10 net 30

b.3/15 net 30

c.3/15 net 45

d.2/15 net 60

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