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The terms of the sale were 4/17, net 70. What is the effective annual rate of interest? Convert your answer to percentage and round off
The terms of the sale were 4/17, net 70. What is the effective annual rate of interest?
Convert your answer to percentage and round off to two decimal points. Do not enter % in the answer box.
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Financial Statement Analysis
Authors: Andrew P.C.
1st Edition
1520985002, 978-1520985008
