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11.Why are interest rates on short-term loans not necessarily comparable to each other?
11.Why are interest rates on short-term loans not necessarily comparable to each other? Give three possible reasons.4.Optical Supply Company offers credit terms of 2/10, net 60. If Optical Supply is considering a change in its credit terms to one of those indicated, explain whether the change should increase or decrease sales. (a) 2/10, net 30, (b) net 60, (c) 3/15, net 60, (d) 2/10, net 30, 30 extra.