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Current Attempt in Progress Tamarisk, Inc purchased merchandise with an invoice price of $ 2500...

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Accounting

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Current Attempt in Progress Tamarisk, Inc purchased merchandise with an invoice price of $ 2500 and credit terms of 2/11, 1/30. Assuming a 360-day year, what is the implied annual interest rate inherent in the credit terms? 0.38% 23% 76% Savit for Later Attempts: 0 of 1 used Submit

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