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I need help!!! Please help me asap!!! A firm's vendor's invoice terms are 7/3.net 30. If the firm waits until the last day that it

I need help!!! Please help me asap!!!
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A firm's vendor's invoice terms are "7/3.net 30." If the firm waits until the last day that it can pay the invoice so that it is considered on time, what is the effective annual rate of interest the firm is incurring

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