Suppose a firm makes purchases of 120000 per year under
Suppose a firm makes purchases of $120,000 per year under terms of 2/15, net 40. If the firm does not take discounts and stretches its payments to 55 days, what is the APR and rEAR of this non-free trade credit?
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suppose a firm makes purchases of 120000 per year under terms of 215 net 40 if the firm does not take discounts and
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