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March 27, 2017

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A store owner buys supplies from a vendor for $8,450. The terms of sale are 2/10, n/30. What will be the net amount due if the owner pays the bill by the 10th day after he receives the supplies?

  • Business Math - ,

    8450 * 0.02 = 169

    Subtract 169 from 8450 to find how much the owner will pay before the 10th day.

  • Business Math - ,

    My answer is 8,281net amount due

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