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The cost of giving up a cash discount under the terms of sale 2/10 net 90 (assume a 360?day year) is A. 9.2 percent. B.

The cost of giving up a cash discount under the terms of sale 2/10 net 90 (assume a 360?day year) is

A. 9.2 percent.

B. 8.2 percent.

C. 10.7 percent.

D. 6.0 percent.

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