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2. Discounts and allowances - Wikipedia

   en.wikipedia.org/wiki/Discounts_and_allowances

   2/10 net 30 - this means the buyer must pay within 30 days of the invoice date, but will receive a 2% discount if they pay within 10 days of the invoice date. 3/7 EOM - this means the buyer will receive a cash discount of 3% if the bill is paid within 7 days after the end of the month indicated on the invoice date.

3. Coupon - Wikipedia

   en.wikipedia.org/wiki/Coupon

   Coupon. In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product . Customarily, coupons are issued by manufacturers of consumer packaged goods [1] or by retailers, to be used in retail stores as a part of sales promotions. They are often widely distributed through mail ...

4. Annual effective discount rate - Wikipedia

   en.wikipedia.org/wiki/Annual_effective_discount_rate

   A discount rate applied times over equal subintervals of a year is found from the annual effective rate d as. where is called the annual nominal rate of discount convertible thly. is the force of interest . The rate is always bigger than d because the rate of discount convertible thly is applied in each subinterval to a smaller (already ...

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6. Best CD rates today: Act now to lock in 5.15% APY and higher ...

   www.aol.com/finance/best-cd-rates-today-act-now...

   Best CD rates for May 31, 2024. TThe best rates of return are found at FDIC-insured digital banks and online accounts — up to 5.40% APY at NexBank with a minimum $25,000 deposit and up to 5.15% ...

7. Coupon collector's problem - Wikipedia

   en.wikipedia.org/wiki/Coupon_collector's_problem

   In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more than t boxes need to be bought ...