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Joe's Garage buys parts from a supplier on credit for $1,500. The terms that Joe is given are 6/10 net 90. What is the implied
Joe's Garage buys parts from a supplier on credit for $1,500. The terms that Joe is given are 6/10 net 90. What is the implied interest rate on the credit given? 26.66% 32.62% 28.56% 30.45%
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