Would you recommend borrowing from a bank at an 18 percent, Ask an Expert

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A supplier is offering your firm a cash discount of 2 percent if purchases are paid for within ten days; otherwise the bills due at the end of sixty days. Would you recommend borrowing from a bank at an 18 percent annual interest rate to take advantage of the cash discount offer? describe your answer.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M944092

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