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supplier grants your fiqm credit terms m purchases $5,000 worth of merchandise? 27.24 percent 44.59 percent 38.80 percent 9.03 percent 2.27 percent SEs so figm

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supplier grants your fiqm credit terms m purchases $5,000 worth of merchandise? 27.24 percent 44.59 percent 38.80 percent 9.03 percent 2.27 percent SEs so figm credi terns of 2/10, net 30. What is the effective annual rate of the discount if

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