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Willow Wig Makers, Inc. sells products on the perhaps unusual) stated credit terms of 2/10, net 46. Which equation would we use in computing the

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Willow Wig Makers, Inc. sells products on the perhaps unusual) stated credit terms of 2/10, net 46. Which equation would we use in computing the annual implicit cost of non-free trade credit (.e., cost of not taking the discount) to Yew Hair Replacement, which purchases from Willow and observes the stated credit terms? (Here we are solving for the more correct EAR, not the APR; recall the examples in the outline and the video.) PLEASE REFER TO THE ATTACHMENT TO QUESTION 20 IN ANSWERING. Topic 14 Attachment. Enem.C.2.20.pdf 88 KB A. Equation 1 B. Equation 2 C. Equation 3 D. Equation 4 E. Equation 5 In answering question 20 in Part 2 of the exam, "Which equation would you use in computing the cost to the buyer of not taking the trade discount, please refer to the following five equations. a. EQUATION 1 (1+2),199 - 1 = 22.732% b. EQUATION 2 (1+)** - 1 = 10.639% c. EQUATION 3 (1+5)** 1 = 53.050% d. EQUATION 4 (1+2) 7.935 - 1 = 17.015% 100% e. EQUATIONS (1+)* - 1 = 48.20%

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