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A company purchased $3,400 of merchandise on July 5 with terms 3/10, n/30. On July 7, it returned $375 worth of merchandise. On July 8,

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A company purchased $3,400 of merchandise on July 5 with terms 3/10, n/30. On July 7, it returned $375 worth of merchandise. On July 8, it paid the full amount due. The amount of the cash paid on July 8 equals: $375 $2.923 $2,934. $3,025. $3,400

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