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A cellular company purchased $26,600 in cell phones on April 25 . The terms of sale were (4)/(20),(3)/(30),(n)/(60) . Freight terms were F.O.B. destination. Returned

A cellular company purchased

$26,600

in cell phones on April 25 . The terms of sale were

(4)/(20),(3)/(30),(n)/(60)

. Freight terms were F.O.B. destination. Returned goods amounted to

$650

.\ (a) What is the net amount due (in $) if the cellular company sends the manufacturer a partial payment of

$4,000

on May 20 ? (Round your answer to the nearest cent.)\ (b) What is the net date?\ (c) If the manufacturer charges a

4(1)/(2)%

late fee, how much (in $) would the cellular company owe if it did not pay the balance by the net date? (Round your answer to the nearest cent)

image text in transcribed
A cellular company purchased $26,600 in cell phones on April 25 . The terms of sale were 4/20,3/30,n/60. Freight terms were F.O.B. destination. Returned goods amounted to $650. (a) What is the net amount due (in \$) if the cellular company sends the manufacturer a partial payment of $4,000 on May 20 ? (Round your answer to the nearest cent.) (b) What is the net date? (c) If the manufacturer charges a 421% late fee, how much (in \$) would the cellular company owe if it did not pay the balance by the net date? (Round your answer to the nearest cent)

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