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What is the effective annual rate for credit terms of 2 / 1 0 net 3 0 ? What is the EOQ for an inventory

What is the effective annual rate for
credit terms of 2/10 net 30?
What is the EOQ for an inventory item
with a carrying cost of $2.00 per unit, a
fixed order cost of $100 per order, and
annual sales of 80,000 units?

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