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Solve the following application problem involving cash and trade discount. Round to the nearest cent. The amount of an invoice from West Michigan Hearing Center

Solve the following application problem involving cash and trade discount. Round to the nearest cent.

The amount of an invoice from West Michigan Hearing Center is $7,120.89 with terms of 3/15, 1/25, net 40. If the invoice is dated October 18, what amount should be paid on November 10?

$6,907.26

$6,838.19

$7,120.89

$7,049.68

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