On January 25, 20XX, Norfolk Sporting Goods purchases merchandise with a price of $21,000 with credit terms of 2/10, n/30. What amount should Norfolk debit to the Merchandise Inventory account (on January 25^th)?

Group of answer choices

$29,400

$20,580

$30,000

$21,000

10. If the market rate of interest is lower than the bonds rate of interest, bonds will sell

Group of answer choices

at face value

at a premium

only after the stated rate of interest is increased

at a discount