American Government Identify at least one of the ways the leaders make important decisions in the Congress

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3% to the closest whole percentage point.

Explanation:

The bank interest cost is 10% based on 360 days.

Your firm needs funds for 90 days till the receivables comes in.

The relevant rate will be what the bank charges for 90 days;

= 10% * (90/360)

= 2.5%

= 3% to the closest whole percentage point.