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Question 6 RB Corporation has a supplier offering the credit terms of 2/5 net 40 for a current invoice of $10,000. If the bank's lending

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Question 6 RB Corporation has a supplier offering the credit terms of 2/5 net 40 for a current invoice of $10,000. If the bank's lending rate is 10% p.a., should the company take up the cash discount? When and how much should the company pay the supplier? (Round your answer to two decimal places) (6 marks)

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