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One of Sunrise Hospital s vendors offers terms of 2 / 1 0 , net 3 0 . What is the approximate cost ( to

One of Sunrise Hospitals vendors offers terms of 2/10, net 30. What is the approximate cost (to the nearest tenth of a percent) of not taking the discount if Sunrise stretches payment and typically pays at Day 40?
Group of answer choices
21.4 percent
24.5 percent
27.6 percent
30.7 percent
33.8 percent

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