Explain why trade credit is costless for the borrower when the funds are repaid before the end of the discount period.

Multiple choices are:

the price that is paid is the same from the time of purchase until the end of the discount period

skipping the discount is just like paying interest on a loan

paying after the discount period (skipping the discount) is like paying interest on a credit card balance

paying before the end of the discount period is like paying your entire credit card bill and not incurring any interest or late fee

A and B

A and C

A and D

B and C

B and D

C and D

all but A

all but B

all but C

all but D

all are true