O https:/ewcorrect nhrehsc ation cornrlowoored henl hapter 2 Company X sells on a 1/25, net 60, basis Company Y buys goods with an invoice of $5,000 e. How much can company Y deduct from the bill if n pays on dey 25 b. How many extra days of credit can company Y receive if it passes up the cash discount C. What is the effective annual rate of interest if Y pays on the due date rather than day 2S? Me 365 days inyear. Do not round intermediate calculations. Enter your answeres . percent rounded to 2 decimal places.) Eflocive annual ra Prev 10, 4111 Next> here to search