Illustrate what effective annual interest rate

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Reference no: EM1386748

Q. An industry offers terms of 2/15, net 45.

Illustrate what effective annual interest rate does the industry earn if the discount period is increased to 20 days?

Illustrate what effective annual interest rate does the industry earn if the discount is changed to 3 percent?

Q. Illustrate what mistakes do you believe Nau's management made in executing their strategy?



Reference no: EM1386748

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