USING EXCEL Suppose one of the suppliers to Trinity Health System offers terms of 3/15, net 45 a Whe 1 answer below »

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Suppose one of the suppliers to Trinity Health System offers terms of 3/15, net 45

a When does the system have to pay its bills from this supplier in order to get the discount?

b What is the approximate cost of the costly trade credit offered by this supplier? (Assume 360 days per year)