A retailer purchased winter clothes from a wholesaler and received an invoice for $40,618 dated November 25,

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A retailer purchased winter clothes from a wholesaler and received an invoice for $40,618 dated November 25, 2020 with payment terms 3/15, n/30. If the retailer made a partial payment of $20,000 on December 10 and settled the balance on December 23, calculate the total amount paid for the clothes.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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