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Your firm has accounts payable of 100000 with credit terms of 1.5/10, net 90. The firm can borrow form the bank at 7.85% should the

Your firm has accounts payable of 100000 with credit terms of 1.5/10, net 90. The firm can borrow form the bank at 7.85% should the invoice be paid on day 10 or day 99 and why

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