Your Supplier Offers You 6/20 Net 60 Terms

question 74

Multiple Choice

Your supplier offers you 6/20 net 60 terms.What is the effective annual interest rate for not paying on time,approximately?

• A) 45.7%
• B) 58.2%
• C) 75.9% QUOTE
• D) 209.3%

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Definitions:

Emotional Health

A state of well-being where an individual realizes their own abilities, can cope with normal stresses of life, works productively, and contributes to their community.

Childhood Trauma

Psychological and emotional harm experienced during childhood due to events or environments that significantly impact development or well-being.

Genetic Inheritance

The process by which genetic information is passed from parents to offspring, determining traits and characteristics.

Personality

The assemblage of traits and features that define a person's unique character.