Calculate the effective cost of the following trade credit terms if the discount is forgone and payment is made on the net due date.
a.2/10 net 50
b.2/15 net 60
c.2/20 net 45

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The Answer of Calculate the effective cost of the following trade credit terms if the discount is forgone and payment is made on the net due date.
a.2/10 net 50
b.2/15 net 60
c.2/20 net 45

Calculate the Effective Cost of the Following Trade Credit Terms