Calculate the nominal annual cost of trade

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Cost of Trade CreditA 1/15, net 20. %B 2/10, net 55. %C 3/10, net 45. %D 2/10, net 45. % Calculate the nominal annual cost of trade credit under each of the following terms. Assume a 365-day year. Do not round intermediate calculations. Round your answers to two decimal places.

Reference no: EM132807297

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