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Smith & Sons purchased $50,000 of merchandise from the Claremont Company with terms of 2/10, n/30. How much discount is Smith & Sons entitled to

Smith & Sons purchased $50,000 of merchandise from the Claremont Company with terms of 2/10, n/30. How much discount is Smith & Sons entitled to take if it pays for the merchandise within the allowed discount period of 10 days? O $1,000 O $1,500 $0 $2,500

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