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Credit terms with a new supplier are 2/10, net 30 If unable to pay within the discount period and pay the cash price, what is

Credit terms with a new supplier are 2/10, net 30

If unable to pay within the discount period and pay the cash price,

what is the Effective Cost of Trade Credit (EFF%) if paid in 20 days?

Group of answer choices

87.2449%

74.4898%

105.4367%

109.0491%

76.6667%

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