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The APR of Trade Credit Offers

This is an excerpt from the paper...

Effective Rate = (1+(%discount/(100-%discount))(365/ndaysearly) - 1

(includes the daily compounding of interest)

. . .
Some common words found in the essay are:
Days APR, Effective Rate, net 40, net 40 4%, 3% 10 204%, apr trade credit, 3% 10, 40 4%, 10 204%, trade credit, apr trade,
Approximate Word count = 101
Approximate Pages = 0 (250 words per page)

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