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(Trade credit discounts) Determine the effective annualized cost of forgoing the trade credit discount on the following terms: a. 1/9, net 25 b. 3/9, net

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(Trade credit discounts) Determine the effective annualized cost of forgoing the trade credit discount on the following terms: a. 1/9, net 25 b. 3/9, net 40 c. 2/10, net 35 d. 5/5, net 90 e. 5/7, net 60 f. 5/7, net 70

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