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Patrick, the owner of a brewery in Toronto, receives a shipment of barley on July 9, 2014 with an invoice dated July 2, 2014 valued
Patrick, the owner of a brewery in Toronto, receives a shipment of barley on July 9, 2014 with an invoice dated July 2, 2014 valued at $36,300 and cash discount payment terms 3/10, n/30, R.O.G. What cash discount would she receive if the invoice is settled on the following dates? (Question relates to Mathematics of Business and Finance)
a. July 15? ___________ Round to the nearest cent
b. July 19? ____________ Round to the nearest cent
c. July 29? ______________ Round to the nearest cent
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