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. Question 17 (5 points) Your firm is offered credit terms of 2/15, net 50. What is the effective annual interest rate on this arrangement?

. Question 17 (5 points) Your firm is offered credit terms of 2/15, net 50. What is the effective annual interest rate on this arrangement? Assume 365 days in each year. O 23.45% 31.03% 41.52% O 24....

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