6831 ON 62 00 Thinking Questions Solve the following scenarios: 1. In each of the following cases, determine the cash discount or penalty for which the payment qualifies Invoice Date 1. April 14 2. July 7 3. November 12 (goods received November 28) + February 27 (non-leap year) Terms of Payment 2/10, n/30 3/10, 2/20, n/30 EOM, 1% per month penalty 2/20 ROG, 2% per month penalty 4/10, 2/15, 1/25 EOM Payment Race April 24 Angust 12 December 29 March 25 2. Mary is shopping at the mall where she sees a sign that reads, "Everything in the store is 30% off. including sale items!" She wanders in and finds a blouse on the clearance rack. A sign on the clearance rack states, "All clearance items are further 50% off." If the blouse is normally priced at $69.49, what price should Mary pay for it? 3. Walmart purchased the latest CD recorded by Selena Gomez. It received a total discount of $10.08 off the MSRP for the CD, which represents a discount percent of 42%. a. What was the MSRP? b. What was the net price paid for the CD? ul Kader C ny Expo Canad emper Dill OL (DOLL G home prisc