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Use the following values to determine the present value cost of the purchase after taking the trade credit discount: Purchase of $10,000 Trade Credit Terms

Use the following values to determine the present value cost of the purchase after taking the trade credit discount: Purchase of $10,000 Trade Credit Terms of 1/15 net 40 Discount rate of 8% $9,813.96 $9,86756 O $9.913.09 $10,000.00

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