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Problem 8-1 Compute the cost of not taking the following trade discounts: (Use 365 days in a year. Round the intermediate calculations to 4 decimal
Problem 8-1 Compute the cost of not taking the following trade discounts: (Use 365 days in a year. Round the intermediate calculations to 4 decimal places. Round the final answer to 2 decimal places.) a. 2/17, net 40. Cost of lost discount % b. 2/17, net 40. Cost of lost discount % c. 4/12, net 60. Cost of lost discount % d. 3/11, net 160. Cost of lost discount %
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