What is the apr of ransco’s nonfree trade credit

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Ransco Corporation buys on terms of 2/10, net 30 but pays on Day 12 and still takes the discount. What is the APR of Ransco's nonfree trade credit?

Reference no: EM131407816

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What is the apr of ransco’s nonfree trade credit : Ransco Corporation buys on terms of 2/10, net 30 but pays on Day 12 and still takes the discount. What is the APR of Ransco's nonfree trade credit?

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