How much would you get if you put $2,000 for 3 years in a savings account that pays simple interest at a rate of 5% annually?

 

Supplier A applies a 3 percent discount for payments made within 10 days of the purchase date, 
when the full period of trade credit is 40 days. Supplier B, on the other hand, applies a 2% discount for cash payments and can grant trade credit for a period of 45 days. Company ABC plans to take advantage of a discount offered by one of its suppliers. Make your choice based on the criterion of the cost of trade credit. Choose the better supplier.

.Based on the data below calculate the economic delivery quantity using Economic Order Quantity model (EOQ): Sales forecast (S)=13,000 items, Average order costs per unit (F)=$1,500, Carrying costs per unit (Cp)=$95.