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April 16, 2014

Homework Help: finance math

Posted by no name on Thursday, August 30, 2012 at 11:22pm.

Morgan Company received from Lee Company an invoice dated Sep 27. Terms were 2/10EOM. List price on the invoice was 5,000(freight not included) Morgan receives a 9/7 chain discount. Fright charges are Morgans responibility but lee agreed to prepay $ 150 freight charge.What does Morgan pay lee

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