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Magenta Company received an invoice of $16,950 for catering services at their annual company picnic. The invoice was dated May 1, 2013 and had the

Magenta Company received an invoice of $16,950 for catering services at their annual company picnic. The invoice was dated May 1, 2013 and had the following payment terms 6/10, 4/15, n/30. a. Calculate the amount required to settle the invoice on May 8, 2013

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