Clark’s Landscaping bills customers subject to terms 3/20, n/60.
Required:
Compute the annual...
Clark’s Landscaping bills customers subject to terms 3/20, n/60.
Required:
Compute the annual interest rate implicit in the sales discount. (Use 365 days in a year. Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (i. e. 0.1234 should be entered as 12.34).)
Answers: 1
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