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Scarlet Company received an invoice for $66,000.00 that had payment terms of 1/5 n/30. If it made a partial payment of $16,100.00 during the discount
Scarlet Company received an invoice for $66,000.00 that had payment terms of 1/5 n/30. If it made a partial payment of $16,100.00 during the discount period, calculate the balance of the invoice. (Question relates to Mathematics of Business of Finance)
$_____________ Round to the nearest cent
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