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Sue Cole is a new accountant with Crane Company. Crane purchased merchandise on account for $ 9 , 0 0 0 . The credit terms

Sue Cole is a new accountant with Crane Company. Crane purchased merchandise on account for $9,000. The credit terms are 4/10, n/30. Sue has talked with the company's banker and knows that she could earn 7% on any money invested in the company's savings account. (a) Should Sue pay the invoice within the discount period or should she keep the $9,000 in the savings account and pay at the end of the credit period? Support your recommendation with a calculation showing which action would be best. Sue take the discount as it will result in v of $

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