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Angelia is trying to decide whether to pay the invoice now or to wait and pay at the end of the discount period. The trade
Angelia is trying to decide whether to pay the invoice now or to wait and pay at the end of the discount period. The trade credit terms are 2/15, net 60. Assume that the invoice is $12,000 with an opportunity cost of 13% What would be the savings if Angela paid the invoice until the end of the discount period?
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