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a. What effective annual interest rate does the firm earn wh

Thesis Help Finance a. What effective annual interest rate does the firm earn wh

Finance

a. What effective annual interest rate does the firm earn wh

a. What effective annual interest rate does the firm earn whe… Show more A firm offers terms of 1.8/10, net 60. a. What effective annual interest rate does the firm earn when a customer does not take the discount? (Use 365 days a year.Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Effective annual interest rate % b. What effective annual interest rate does the firm earn if the terms are changed to 2.8/10, net 60, and the customer does not take the discount? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Effective annual interest rate % c. What effective annual interest rate does the firm earn if the terms are changed to 1.8/10, net 75, and the customer does not take the discount? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Effective annual interest rate % d. What effective annual interest rate does the firm earn if the terms are changed to 1.8/15, net 60, and the customer does not take the discount? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Effective annual interest rate • Show less

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