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An invoice was received by Grandma's closet in the amount of $2,100, with terms of 2/10-30X, n/90. If the invoice is dated April 20, what
An invoice was received by Grandma's closet in the amount of $2,100, with terms of 2/10-30X, n/90. If the invoice is dated April 20, what payment would be made on April 30? If the buyer desired a 6% cash discount, what is the loaded cost? (Also, what is loaded cost, I cannot find a good definition/explanation as it relates to this question)
Thank you!
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