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On may 18, an invoice dated may 17 for $4000 less 20% and 15%, terms 5/0 E.O.M. was recieved by Aldo distributors. a) what is

On may 18, an invoice dated may 17 for $4000 less 20% and 15%, terms 5/0 E.O.M. was recieved by Aldo distributors.

a) what is the last day of the discount period?

b) what is the amount due if the invoice is paid within the discount period?

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