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Find the effective annual rate of the following credit?terms:a.2.3?% discount if paid within 88 days or net within 30daysb.1.1?% discount if paid within 35 days or net within 60daysc.0.4?% discount if paid within 14 days or net within 45daysd.0.8?% discount if paid within 23 days or net within 30daysWhat is the effective annual rate of a 2.3?% discount if paidwithin 88 days or net within 30 ?days?
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