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AXE Co. offers terms of 2/10, net 30. What is the annual percentage rate (APR)...

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Finance

  1. AXE Co. offers terms of 2/10, net 30. What is the annual percentage rate (APR) AXE Co. earns when a customer does not take the discount? Assume 360 days a year.

    26.73%

    24.86%

    20.41%

    36.73%

    None of the above

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