Calculate the cost of giving up this discount to atlantic

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Reference no: EM13980937

Atlantic Company buys merchandise from their suppliers on credit. They must pay the total amount due within 50 days of purchase. However, if the pay their bill within 12 days the would be able to take a discount of 4% off of the total purchase price. Required Calculate the cost of giving up this discount to Atlantic.

Reference no: EM13980937

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