The Approximate Effective Cost (EC)of Financing the Discount Price of Trade

question 104

Multiple Choice

The approximate effective cost (EC) of financing the discount price of trade credit under terms 2/10,net/30 using a 360 day year is:

• A)25%
• B)30.1%
• C)36.7%
• D)42.5%

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Feelings that are considered undesirable or harmful, such as sadness, anxiety, and anger, impacting an individual's mental well-being.

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