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Find what the total cost of the merchandise is

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Problem 1: A company purchased $4,900 worth of merchandise. Transportation costs were an additional $430. The company returned $340 worth of merchandise and then paid the invoice within the 1% cash discount period. The total cost of this merchandise is:

Option 1: $4,773.00.
Option 2: $4,941.00.
Option 3: $4,944.40.
Option 4: $4,810.00.
Option 5: $4,990.00.

Reference no: EM132807444

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