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Use the information given below to calculate the cost (as a percentage) to Nascar Retailers of not accepting the discount. INFORMATION Zao Wholesalers offers Nascar

Use the information given below to calculate the cost (as a percentage) to Nascar Retailers of not accepting the discount.

INFORMATION

Zao Wholesalers offers Nascar Retailers credit terms of 30 days but allows a discount of 2.5% if the account is settled in full within 12 days.

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