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Question 18 (5 points) Given the following information for credit terms offered to a firm by its supplier, when should the firm pay the invoice?

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Question 18 (5 points) Given the following information for credit terms offered to a firm by its supplier, when should the firm pay the invoice? Discount Model $1,964.617 Credit Period Model $1.957,105 $1,962,373 Late Payment Model On the last day of the credit period On the last day of the discount period Immediately upon receipt of the invoice Late (assuming the firm is not concerned about reputation and based on the number of days reflected in the chart)

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