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(Trade credit discounts) Determine the effective annualized cost of forgoing the trade credit discount on the following terms: a. 2/5, net 20 b. 3/7, net

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(Trade credit discounts) Determine the effective annualized cost of forgoing the trade credit discount on the following terms: a. 2/5, net 20 b. 3/7, net 40 c. 3/7, net 25 d. 5/5, net 70 e. 4/10, net 90 f. 4/7, net 80

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