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Manders Inc purchased product inventory with a net price of $550,000/day. Manders Inc purchased the inventory under the credit terms of 1/15, net 30. The
Manders Inc purchased product inventory with a net price of $550,000/day. Manders Inc purchased the inventory under the credit terms of 1/15, net 30. The company always takes the discount, however, it still take them the full 15 days to pay their bills. What's the average accounts payable Manders Inc? Round your answer to the nearest dollar.
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