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You place an order for 1,200 units of Good X at a unit price of $49. The supplier offers terms of 1/15, net 50. If

You place an order for 1,200 units of Good X at a unit price of $49. The supplier offers terms of 1/15, net 50.

If you dont take the discount, how much interest are you paying implicitly? (dollars not percent)

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