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kindly assist as soon as possible QUESTION 8 Assume the credit terms offered to your firm by your suppliers are 3/8, net 30. Calculate the

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kindly assist as soon as possible

QUESTION 8 Assume the credit terms offered to your firm by your suppliers are 3/8, net 30. Calculate the cost of the trade credit if your firm does not take the discount and pays on day 30. NOTE: Answer in percentages. If your answer is 0.0204, you must answer 2.04. Do not use the "%" sign

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