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A store owner buys supplys from a vender for $8,450. The terms of sale are 2/10, n/30.What will be the net amount due if the ow...Asked by momo
a store owner buys supplies from a vendor for $8,450. The terms of the sale are 2/10, n/30. What will be the net amount due if the owner pays by the 10th day after he receives the supplies
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Answered by
Kimberlie
$8,281
2/10 means a 2% discount if paid within 10 days. Total due within 30 days.
8450 x .02 = (169) discount
-169
8281 due
2/10 means a 2% discount if paid within 10 days. Total due within 30 days.
8450 x .02 = (169) discount
-169
8281 due
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