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A company purchases merchandise for $22,500. The seller also offers credit terms of 2/10, n/30. Assuming no returns were made and that payment was made
A company purchases merchandise for $22,500. The seller also offers credit terms of 2/10, n/30. Assuming no returns were made and that payment was made within the discount period, what is the net cost of the merchandise?
a. $22,050.
b. $15,750.
c. $2,250.
d. $22,500.
e. $7,250.
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