Online financial calculator helps to compute the cost of annual rate of lost discount, which is not taken within the period of time.
Calculator to compute the cost of annual rate of lost discount
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Formula of Discount Lost
Cost of Discount Lost=(D / (100 – D)) × (365 / (F – L))
- D=Discount offered as a percentage
- F=Final payment date in number of days
- L=Last discount date in number of days