The purchasing department of a manufacturing company received an invoice for $280,550 with payment terms 2/10, n/30.

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The purchasing department of a manufacturing company received an invoice for $280,550 with payment terms 2/10, n/30. What payment should be made within the discount period to reduce the balance by $30,000?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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