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part a-d (Annual percentage yieid) Compute the cost of the following trade credit terms using the compounding formula, or effective annual rate. Note: Assume a
part a-d (Annual percentage yieid) Compute the cost of the following trade credit terms using the compounding formula, or effective annual rate. Note: Assume a 30 -day month and 360 -day year: a. 4/10, net 60 b. 2/15,not45 c. 4/10, net 60 d. 3/10,net30 a. When payment is made on the net due date, the APR of the credit terms f(4/10, net 60 is y. (Round to two decimal places.)
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