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Your supplier offers terms of 3/10, net 50. What is the offective annual cost of trade credit f you choose to forgo the discount and

Your supplier offers terms of 3/10, net 50. What is the offective annual cost of trade credit f you choose to forgo the discount and pay on day 507 CHint: The effective annual cost is Use a 365-day yoar) [ %, (Rounded to two decimal places )

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