You place an order for 1300 units of Good X at a unit price of $50. The supplier offers terms of 2/10, net 35.

How long do you have to pay? If you take the full period, how much should you remit? What is the discount rate being offered? How quickly must you pay to get the discount? If you take the discount, how much should you remit? IF you don't take the discount, how much interest are you paying implicitly? How many days' credit are you receiving?