Mathematics, 30.11.2019 06:31, gggggggggggg5496

Afirm buys on terms of 3/15, net 45. it does not take the discount, and it generally pays after 85 days. what is the nominal annual percentage cost of its non-free trade credit, based on a 365-day year? a. 16.13% b. 18.55% c. 17.58% d. 15.00% e. 13.22%

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Afirm buys on terms of 3/15, net 45. it does not take the discount, and it generally pays after 85 d...