What is the APR and rEAR on the non–free credit associated with
credit terms of (a) 2/15, net 45 and (b) 3/5 net 45 (c) In
addition, discuss the similarities and differences of the results
between scenario a and scenario b.
What is the APR and rEAR on the non–free credit associated with credit terms of (a) 2/15, net 45 and (b) 3/5 net 45 (c)
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