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28 is the one i need help on 3 points You...

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Finance

28 is the one i need help on
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3 points You just purchased $75,000 in goods from your supplier on trade credit forms of 3/5 net 30. Your opportunity cost of funds is 5%. What is the present value of taking the discount? a. $72,700 Ob. $74,693.01 Oc. $117.54 . $32,567.75 3 points QUESTION 28 Calculate the annualize cost of missing the discount on trade credit terms of 3/20 net 90 Ca. 15.05 b.16.13 c 11.54 d. 10.78

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