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If the annualized effective cost of missing the trade credit discount is 14.90%, the length of discount period is 10 days, and the length of

If the annualized effective cost of missing the trade credit discount is 14.90%, the length of discount period is 10 days, and the length of the net-trade credit period is 60 days, then what is the discount percentage? 3% 1.5% 2.5% 2%

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