A payment of $500 on an invoice for $887 reduced the balance owed to $378.09. What cash

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A payment of $500 on an invoice for $887 reduced the balance owed to $378.09. What cash discount rate was allowed on the $500 payment?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Sep 21, 2024 08:01 AM

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A payment of $500 on an invoice for $887 reduced the balance owed to $378.09. What cash discount rate was allowed on the $500 payment?
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A payment of $500 on an invoice for $887 reduced the balance owed to $378.09. What cash

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Business Mathematics In Canada

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