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Required: 2. Afirm currently offers terms of sale of 2/30. net 50 Calculate the effective annual rate 0-1. Calculate the effective annual rate of the

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Required: 2. Afirm currently offers terms of sale of 2/30. net 50 Calculate the effective annual rate 0-1. Calculate the effective annual rate of the terms are changed to 3/30 net 50 0-2. What effect does an increase in the discount rate have on the implicit interest rate charged to customers that pass up the discount b-1. Calculate the effective annual rate the terms are changed to 2/40 net 50 b-2. What effect does a decrease in the extra days of credit have on the implicit interest rate charged to customers that pass up the discount C-1. Calculate the effective annual rate if the terms are changed to 230 et 40 -2.15 there any difference between the implica interest rate for terms of 2.40.net 50 and 230, net 402 Req A Reg A1 and A2 Req B1 and B2 Reg C1 and C2 A firm currently offers terms of sale of 2/30, net 50. Calculate the effective annual rate. (Use 365 days in a year. Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Effective annual rate % Req A1 and A2 > Reg A Reap and A2 e 01 and 12 React and C2 a-1. Calculate the effective annual rate if the terms are changed to 3/30, net so days in a no Intermediate calculation Enter your answer percent rounded to decimal places a-2. What effect does an increase in the discount rate have on the implicit interest rate charged to customers that pas the discount? Shows 1 22 Erleche annual Effact on implicit interest rate RA Re A Req Al and A2IRe B1 and B2 Reg C1 and C2 b-1. Calculate the effective annual rate if the terms are changed to 2/40, net 50. (Use 365 days in a year. Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places b-2. What effect does a decrease in the extra days of credit have on the implicit interest rate charged to customers that pass up the discount? Show less 15.1. Effective annual rate 6-2 Effect on Implicit interest rate Increase Complete this question by entering your answers in the tabs below. Reg A Reg A1 and A2 Rea B1 and B2 Reg Cyanid C2 c-1. Calculate the effective annual rate if the terms are changed to 2/30, net 40. (Use 365 days in a year. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) c-2. Is there any difference between the implicit interest rate for terms of 2/40, net 50 and 2/30, net 407 c.1. Effective annual rate Is there any difference between the implicit interest rate for terms of 2/40, net 50 and 2/30. net 409 No C-2

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