CASH DISCOUNT 6. A manufacturer sends an invoice dated Nov. 1 with terms 2/10, n/30 in...

CASH DISCOUNT

6. A manufacturer sends an invoice dated Nov. 1 with terms 2/10, n/30 in the

amount of $950. If the invoice is paid on or before Nov. 11, what amount is

paid? If you don’t take advantage of the discount and the invoice is paid by

Dec. 1, what amount is paid?

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Expert Solution

ekkarill92 answered 1 year ago

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