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Shaima buys merchandise on credit from Gant LLC worth $1,000 and is given 3/17 net 31 credit terms a.Briefly explain what the different numbers above

Shaima buys merchandise on credit from Gant LLC worth $1,000 and is given 3/17 net 31 credit terms

a.Briefly explain what the different numbers above mean

b.If Shaima takes advantage of the discount, how much will she pay?

c.If Shaima does not take advantage of the discount, how much will she pay?

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