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An invoice is dated July 26 for $5,345.50 with terms of 3/10, net 45, 2% per month penalty. If the invoice is paid on September
An invoice is dated July 26 for $5,345.50 with terms of 3/10, net 45, 2% per month penalty. If the invoice is paid on September 10, what payment amount is required to pay the entire balance owing?
a.$5,172.77
b.$5,480.14
c.$5,171.77
d.$5,479.14
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