CourseLover

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About CourseLover

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Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 283 Weeks Ago
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  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

Experience

  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Business & Finance Posted 09 Dec 2017 My Price 10.00

annual percentage interest cost

Determine the annual percentage interest cost for each of the following terms of sale,

assuming that the firm does not take the cash discount but pays on the final day of the net

period (assume a 365-day year):

a. 1/20, net 30 ($500 invoice) c. 2/5, net 10 ($100 invoice)

b. 2/30, net 60 ($1,000 invoice) d. 3/10, net 30 ($250 invoice)

Answers

CourseLover
(12)
Status NEW Posted 09 Dec 2017 08:12 AM My Price 10.00

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