aloonzogouldsr9482 aloonzogouldsr9482

26-12-2023
Business

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XYZ Corporation purchases $100 of merchandise from Mahan Corporation with terms of 2/10, net 30. If XYZ Corporation decides to pay the bill within 30 days, the effective annual rate would be blank____.
A. 18.55%
B. 20.00%
C. 21.20%
D. 22.47%

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