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A company purchased $3,200 of merchandise on July 5 with terms 1/10, n/30. On July 7, it returned $350 worth of merchandise. On July 14,
A company purchased $3,200 of merchandise on July 5 with terms 1/10, n/30. On July 7, it returned $350 worth of merchandise. On July 14, it paid the full amount due. The amount of the cash paid on July 14 equals:
a)$350.b)$2,822.c)$2,850.d)$2,818.e)$3,200.Step by Step Solution
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