Annual Rate Of Discount Lost Calculator
Posted by Dinesh onThis calculator calculates the annual rate of discount lost using discount %, late discount date, final payment date values.
Annual Rate Of Discount Lost Calculation
Formula:
Cost of Discount Lost=(D / (100 - D)) × (365 / (F - L))
Where,D=Discount offered as a percentage
F=Final payment date in number of days
L=Last discount date in number of days