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credit terms as manager of fly-by-night airlines, you decide to allow customers 90 days to pay their Bill's. to encourage early payments, though you allow
credit terms as manager of fly-by-night airlines, you decide to allow customers 90 days to pay their Bill's. to encourage early payments, though you allow them to reduce their Bill's by 1.8 % if they pay within the first 52 days. at what implied effective annual interest rate are you loaning money to your customers? what if you extend the discount to 95 days and allow full payment up to 180 days?
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