Legacy enterprises received an invoice from its supplier, Financial Management

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Legacy enterprises received an invoice from its supplier

Legacy Enterprises received an invoice from its supplier. The terms of credit were stated as 3/15, n45. Calculate the effective annual interest rate on the trade credit.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Financial Management: Legacy enterprises received an invoice from its supplier

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