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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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