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McCallister's just purchased $16,000 worth of inventory. The terms of the sale were 2/10, net 40. What is the implicit interest? Multiple Choice $288 $340

McCallister's just purchased $16,000 worth of inventory. The terms of the sale were 2/10, net 40. What is the implicit interest? Multiple Choice $288 $340 o $360 C $320 MC GE

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