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Potvin Potvin
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7 years ago
A company is offering a discount with terms 3/15 net 40. What is the discount rate associated with this offer?
A) 3%
B) 15%
C) 40%
D) 20%
E) 5%
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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7 years ago
I'm impressed by the service offered here
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