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An invoice is dated October 2 2 with terms of 4 / 1 8 EOM. Assuming the net date is 2 0 days after the

An invoice is dated October

22

with terms of

4 / 18

EOM. Assuming the net date is

20

days after the discount date, find the following.

(

)

What is the discount date?

(

)

What is the net date?

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