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A buyer borrows money at 7% interest to pay a $10000 invoice with terms 1/10, n/30 on the 10th day of the discount period. The

A buyer borrows money at 7% interest to pay a $10000 invoice with terms 1/10, n/30 on the 10th day of the discount period. The loan is repaid on the 30th day of the invoice. What is the buyer's net savings for these two transactions? (Assume a 360 day year.) O $138.50 O $61.50 $0 O $62.40

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