You Place an Order for 1,200 Units of Widgets at a Unit

question 77

Multiple Choice

You place an order for 1,200 units of widgets at a unit price of $19.99.The supplier offers terms of 2/5,net 20.If you don't take the discount,how much interest on your order are you paying implicitly?

• A)$468.33
• B)$479.76
• C)$492.00
• D)$460.04
• E)$564.80

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