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What amount is due the vendor

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Problem 1: An invoice dates March 5 in the amount of $2,800 with terms of 3/10, n/30, EOM and a trade discount to retailers of 10 percent, 5 percent, and 2 percent arrives with the merchandise on March 7. The invoice is paid May 2. What amount is due the vendor?

Invoice Amount = $2,800
Dated: March 5th
Arrives: March 7th
Paid: May 2nd

Reference no: EM132728795

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