You have been given terms of 2/10, n 45 for an order of $50,000 worth of goods; you also have access to a bank loan at a stated rate of 9%. What should you do if you will not have the cash until the end of the credit period?

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The Answer of You have been given terms of 2/10, n 45 for an order of $50,000 worth of goods; you also have access to a bank loan at a stated rate of 9%. What should you do if you will not have the cash until the end of the credit period?

You Have Been Given Terms of 2/10, N 45 for an Order