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The approximate effective cost (EC) of financing the discount price of trade credit under terms 2/10, net/30 using a 360 day year is: 25% 30.1%
The approximate effective cost (EC) of financing the discount price of trade credit under terms 2/10, net/30 using a 360 day year is: 25% 30.1% 36.7% 42.5%
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