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7-10. A firm purchases 4,000 items per day at a list price of $18 per item. The credit terms are 4/10, net 40 . 7.

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7-10. A firm purchases 4,000 items per day at a list price of $18 per item. The credit terms are 4/10, net 40 . 7. Find the free trade credit. a) $594,100 b) $756,300 c) $628,400 d) $691,200

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