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(Trade credit discounts) Determine the effective annualized cost of forgoing the trade credit discount on the following terms: a. 2/9, net 40 b. 1/6, net
(Trade credit discounts) Determine the effective annualized cost of forgoing the trade credit discount on the following terms:
a. 2/9, net 40
b. 1/6, net 45
c. 2/6, net 25
d. 5/5, net 80
e. 4/7, net 60
f. 3/10, net 90
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