Calculate the amount credited calculate the balance

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Reference no: EM133345011

Question: Garrett, the owner of a hockey rink, received an invoice for $39,050 that had payment terms of 2.5/10, n/30. She made a partial payment of $1,420 during the discount period.

a. Calculate the amount credited.

b. Calculate the balance on the invoice after the partial payment was made.

Reference no: EM133345011

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