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August 2, 2015

Homework Help: business math

Posted by no name on Saturday, September 1, 2012 at 7:31pm.

Melís Furniture received an invoice dated September 27for five bedroom sets at $3,000 each. The invoice indicated a trade discount of 5/8/3. The seller of the furniture prepaid the freight of $200. Terms were 2/10 EOM. Assuming Mel pays on November 2, what amount would be paid? (Be sure to include the freight cost.)

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