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Find the cash discount on an invoice

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Reference no: EM131621761

Question: 1. How much would have to be paid on an invoice for $328 with terms of 2/10 ROG if the merchandise invoice is dated January 3, the merchandise arrives January 8, and the invoice is paid (a) January 11; (b) January 25?

2. Find the cash discount on an invoice for $50 dated May 3 with terms 1/15, n/30 if the bill was paid May 14.

Reference no: EM131621761

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