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Problem 1: Calculate the amount of the discount and the sales price after discount. Jake wants to buy a skateboard. The regular price of the
Problem 1: Calculate the amount of the discount and the sales price after discount. Jake wants to buy a skateboard. The regular price of the board is $135. Suppose it is on sale at a 25% discount. Problem 2: Calculate the cash discount and the amount of the payment after the discount is taken. Date of Invoice Amount of Invoice Terms Cash Amount of Date of Payment Discount Payment 6-May 25 Jun 26-Mar $5,000.00 2/10, n/30 $15,400.00 2/10,n/30 $126.00 2/10, 1/30 14-May 10-Jul 31-Mar
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