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what the annual yield is for a 2% 10 net 30 discount

Can anyone tell me what the annual yield is for a 2% 10 net 30 discount?

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Can anyone tell me what the annual yield is for a 2% 10 net 30 discount?

A company offers payment terms of 3/15, net ...

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This solution is comprised of a detailed explanation to answer what the annual yield is for a 2% 10 net 30 discount.

$2.19