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Author Question: A vendor offers terms of 1/10, n/30. What is the ANNUAL interest rate the vendor is charging a buyer ... (Read 192 times)

bb

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on: Jul 5, 2018
A vendor offers terms of 1/10, n/30. What is the ANNUAL interest rate the vendor is charging a buyer who does not pay within 10 days? (Assume there are 360 days in the year.
 
  A) 1
  B) 36
  C) 18
  D) 54

Question 2

Automated business process controls contained within IT systems are called:
 a. preventive controls
  b. pervasive controls
  c. application controls
  d. management controls


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orangecrush

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Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

C


bb

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Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

ultraflyy23

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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