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Liz received an invoice for $5,000 that had payment terms of 2/5 n/30. She made a partial payment of $2,000 during the discount period. a.

Liz received an invoice for $5,000 that had payment terms of 2/5 n/30. She made a partial payment of $2,000 during the discount period.

a. Calculate the amount credited. b. Calculate the balance on the invoice after the partial payment was made.

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