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Complete the following by calculating the cash discount and net amount paid: (If more than one discount, assume date of last discount.) Gross amount of

Complete the following by calculating the cash discount and net amount paid: (If more than one discount, assume date of last discount.)

Gross amount of invoice (freight charge already included) - $600

Freight Charge - $100

Date of Invoice - 8/1

Terms of invoice - 3/10, 2/15, n/30

Date of payment - 8/13

Cash Discount - unknown

Net amount paid - unknown

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