Question
Question below. All info needed should be in the picture. If not just ask me. Thanks in advance. A firm otters terms ot 2/20, net
Question below. All info needed should be in the picture. If not just ask me. Thanks in advance.
A firm otters terms ot 2/20, net 60. What ettective annual interest rate does the firm earn when a customer does not take the discount? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., Ettective annual interest rate b. 32.16.) What ettective annual interest rate does the firm earn It the discount is changed to 3 percent? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., Ettective annual interest rate 32.16.) What ettective annual interest rate does the firm earn It the credit period is increased to 80 days? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., Ettective annual interest rate d. 32.16.) What ettective annual interest rate does the firm earn It the discount period is increased to 25 days? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., Ettective annual interest rate 32.1 s.)
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