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Apple Inc. purchased inventory worth $100,000 on credit terms of 2/10, n/30 from Samsung Electronics. If Apple pays within the discount period, calculate the amount

ยท Apple Inc. purchased inventory worth $100,000 on credit terms of 2/10, n/30 from Samsung Electronics. If Apple pays within the discount period, calculate the amount they need to pay. Also, compute the effective cost of the inventory if they avail the discount.

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