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A. Scarlet Company received an invoice for $65,000.00 that had payment terms of 4/5 n/30. If it made a partial payment of $16,300.00 during the
A. Scarlet Company received an invoice for $65,000.00 that had payment terms of 4/5 n/30. If it made a partial payment of $16,300.00 during the discount period, calculate the balance of the invoice. Round to the nearest cent
B. Three invoices for the amounts of $34,300, $27,000, and $40,650 were received on October 29, 2014, November 28, 2014, and December 21, 2014, respectively. If the payment terms are 3/7, 2/30, n/60, calculate the amount that must be paid on December 28, 2014 to settle all three invoices. Round to the nearest cent
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