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8.3
	Book Depot Inc. sells on terms of 1/10, net 80. What is the implicit cost of trade credit under these terms? Use a 365-day year.
Answer
	5.27%
8.4
	Ski Depot Inc. sells on terms of 1/10, net 45. What is the implicit cost of trade credit under these terms? Use a 365-day year.
Answer	10.53%