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July 31, 2014

Homework Help: business mathematics

Posted by jeff on Monday, February 13, 2012 at 10:44pm.

What is the cash discount and net amount paid if the gross amount of the invoice or freight paid is 7000$, freight charged is 100$, date of invoice is 4/8, terms of service is 2/10, n/60, and date of payment is 4/15?

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