will rate!

Problem 28-18 Credit Markup The Tradition Corporation is considering a change in its cash-only policy. The new terms would be net one period. The required return is 2 percent per period. Based on the following information, what is the break-even price per unit that should be charged under the new credit policy? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current Policy $ 68 $ 36 New Policy ? $ 36 Price per unit Cost per unit Unit sales per month 2.900 3,100 Break-even price