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please find the effective annual rate for alternative #1 Use the following information to answer the question(s) below. Taggart Transcontinental needs a $100,000 loan for

please find the effective annual rate for alternative #1
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Use the following information to answer the question(s) below. Taggart Transcontinental needs a $100,000 loan for the next 30 days. Taggart has three alternatives available: Alternative \#1: Forgo the discount on its trade credit agreement that offers terms of 2/5 net 38

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