A firm offers its customers 1/10 net 40.What is the cost of trade credit to a customer who chooses to pay on day 40?
A)12.8%
B)13.0%
C)65.5%
D)96.0%
E)83.1%

Name: A firm offers its customers 1/10 net 40.What is the cost of trade credit to a customer who chooses to pay on day 40? A)12.8% B)13.0% C)65.5% D)96.0% E)83.1%
Brand: Quizplus
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Quizplus · Accepted Answer

The Answer of A firm offers its customers 1/10 net 40.What is the cost of trade credit to a customer who chooses to pay on day 40?
A)12.8%
B)13.0%
C)65.5%
D)96.0%
E)83.1%

A Firm Offers Its Customers 1/10 Net 40