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Get Page 1 Math 11a - Calculus With Applications I Midterm 1 M. Eastman - Cabrillo
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The formula steps are: Calculate the difference between the payment date for those taking the early payment discount, and the date when payment is normally due, and divide it into 360 days. For example, under 2/10 net 30 terms, you would divide 20 days into 360, to arrive at 18.
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