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The answer is B I need the calculations C. Suppose you purchase goods on terms of 2/10, net 50. Taking compounding into account, what annual

image text in transcribedThe answer is B I need the calculations

C. Suppose you purchase goods on terms of 2/10, net 50. Taking compounding into account, what annual rate of interest is implied by the cash discount? (Assume a year has 365 days.) A. 2.0% B. 20.2% C. 10.2% D. 18.6%

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