1 why is bank of america offering a new premium credit card, Ask an Expert

Finance

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.)

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Financial Management, Finance

Category:- Financial Management
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