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Jerry purchases office supplies totaling $1,890. He can take advantage of cash terms of 2/10, n30 if he obtains a short-term loan. If he can
Jerry purchases office supplies totaling $1,890. He can take advantage of cash terms of 2/10, n30 if he obtains a short-term loan. If he can borrow the money at 10.5% annual ordinary interest for 20 days, how much money will he save? A. 32.75 B. 11.03 C. 37.50 D. 26.77
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