Dr Nick

(4)

$14/per page/Negotiable

About Dr Nick

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Art & Design,Computer Science See all
Art & Design,Computer Science,Engineering,Information Systems,Programming Hide all
Teaching Since: May 2017
Last Sign in: 339 Weeks Ago, 5 Days Ago
Questions Answered: 19234
Tutorials Posted: 19224

Education

  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

Experience

  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Business & Finance Posted 20 Jul 2017 My Price 15.00

the effective annual cost of trade credit if you choose to forgo the discount and pay on day 45

Please answer this question and show your work so that I know how to complete the problem.

Question: Your supplier offers terms of 1.2/12, Net 45. What is the effective annual cost of trade credit if you choose to forgo the discount and pay on day 45?

The effective annual cost of the trade credit is ____% (Round to two decimal places.)

 

Answers

Dr Nick
(4)
Status NEW Posted 20 Jul 2017 12:07 AM My Price 15.00

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