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A. Black has received an invoice for $500 subject to trade discounts 10% 20%. A cash discount with terms 4/15, n/30. Find the discount rate
A. Black has received an invoice for $500 subject to trade discounts 10% 20%. A cash discount with terms 4/15, n/30. Find the discount rate when, A. Black pays the bill within the discount period.
I am kinda confused on how to apply the 10% and 20% discounts
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