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save & Exit Your firm is offered credit terms of 2/15, net 30. What is the effective annual interest rate on this arrangement? Assume 365

save & Exit Your firm is offered credit terms of 2/15, net 30. What is the effective annual interest rate on this arrangement? Assume 365 days in each year, Multiple Choice 68.10% 48.67% 43.80% 46.23%

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