Calculate the cost of the forgoing the discount

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Assume that a firm is offered 2/10 net 30, indicating that if the account is settled within 10 days, the firm may keep a discount of 2%. If the discount is not taken, then the full amount is payable in 30 days.

Question 1: Calculate the cost of the forgoing the discount

Question 2: Differentiate between the various aims of appraising projects

Reference no: EM132615615

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