Intro A supplier hands you an invoice for $40,000 with the terms 3/5, net 60...
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Accounting
Intro A supplier hands you an invoice for $40,000 with the terms 3/5, net 60 . Part 1 Attempt 2/10 for 8 pts. What is the implicit interest rate (APR) you are charged if you forgo the discount and pay as late as possible
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