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Question
A retailer purchases merchandise with a catalog list price of $30,000. The retailer receives a 15% trade discount and has credit terms of 2/10, n/30. How much cash will be needed to pay this invoice within the discount period?
a. $30,000
b. $24,900
c. $29,400
d. $24,990
Answer
This answer is hidden. It contains 1 characters.
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