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Business, 29.02.2020 01:27, jkenkw4667
A company is thinking of borrowing money at an 18% annual interest rate in order to pay a $30,000 invoice within the discount period. The invoice terms are 2/10, n/30. They should borrow the money because they will have a net savings of 19.2%. True or false?
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Answers: 3
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A company is thinking of borrowing money at an 18% annual interest rate in order to pay a $30,000 in...
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