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Please help to solve this problem plus a. & b. !!! IMPORTANT: please add FUNCTIONS AND EQUATIONS! Thx... Suppose one of the suppliers to Seattle

Please help to solve this problem plus a. & b. !!! IMPORTANT: please add FUNCTIONS AND EQUATIONS! Thx...

Suppose one of the suppliers to Seattle Health System offers terms of 3% if is paid in 20 days, if not the net 60 days. When does the system have to pay its bills from this supplier? What is the approximate percentage cost of the costly trade credit offered by this supplier? (Assume 360 days per year) Discount percent Days credit received Days of free trade credit Periodic cost of trade credit Number of discount periods per year Approximate % cost

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