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    -What Is the Annual Interest Rate of a Sales Discount
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-What Is the Annual Interest Rate of a Sales Discount

Question 71

Question 71

Multiple Choice


-What is the annual interest rate of a sales discount of 2/10, n/30?


A) 24.3%
B) 24.8%
C) 36.5%
D) 37.2%

Correct Answer:

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