How much money does james end up with total

Reference no: EM133611026

Question: James needs cash for his business. He sells his $100,000 accounts receivable balance to a third party. The third party gives him 25% upfront. The third party then collects the receivables and pays James the balance minus a 5% fee. How much money does James end up with (total)?

Reference no: EM133611026

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