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neck My Wor eBook Cost of Trade Credit What are the nominal and effective costs of trade credit under the credit terms of 1/20, net

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neck My Wor eBook Cost of Trade Credit What are the nominal and effective costs of trade credit under the credit terms of 1/20, net 35 Assume a 365-day year Do not round Intermediate calculations Round your answers to two decimal places Nominal cost of trade credit Effective cost of trade credit: %

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