Bank of america offering new premium credit card

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Reference no: EM131953616

1. Why is Bank of America offering a new premium credit card for its high-end customers? explain

2. Your supplier offers terms of 1.7?/9?, Net 45. What is the effective annual cost of trade credit if you choose to forgo the discount and pay on day 45??

The effective annual cost of the trade credit is ____?%. ?(Round to two decimal? places.)

Reference no: EM131953616

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Bank of america offering new premium credit card : Why is Bank of America offering a new premium credit card for its high-end customers? explain

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