Use the Following Information to Answer the Following Question(s)

question 41

Multiple Choice

Use the following information to answer the following question(s) .
Quick Corp.makes its purchases under terms of 2/10 net 30.
-If Quick foregoes the discount but does not pay for its purchases until day 40,what is Quick's effective cost of using this source of credit? Assume that no penalty is incurred for late payment.

• A)38.37%
• B)36.73%
• C)26.67%
• D)24.49%

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Definitions:

Traumatic Brain Injury

Traumatic Brain Injury (TBI) is an injury to the brain caused by an external force, leading to temporary or permanent impairment of cognitive, physical, and psychosocial functions.

Behavioral Therapies

A broad range of therapeutic interventions focusing on modifying harmful behaviors through conditioning and reinforcement strategies.

Nervous System

The network of nerve cells and fibers that transmit signals between different parts of the body, coordinating actions and sensory information.

Musculoskeletal System

The system in the human body that includes bones, muscles, cartilage, tendons, ligaments, joints, and other connective tissue, supporting body movement and providing form, support, stability, and protection to vital organs.