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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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