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A distributor has received an invoice of $17,620 dated July 9, terms 4/10, n/30 EOM, for a shipment of humidifiers that arrived on August 28.

A distributor has received an invoice of $17,620 dated July 9, terms 4/10, n/30 EOM, for a shipment of humidifiers that arrived on August 28. a) What is the last day for taking the cash discount? b) How much is to be paid if the discount is taken? $

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