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Three invoices for the amounts of $35,000, $24,000, and $40,100 were received on November 16, 2014, December 16, 2014, and January 8, 2015, respectively. If
Three invoices for the amounts of $35,000, $24,000, and $40,100 were received on November 16, 2014, December 16, 2014, and January 8, 2015, respectively. If the payment terms are 3/7, 2/30, n/60, calculate the amount that must be paid on January 15, 2015 to settle all three invoices.
Round to the nearest cent
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The Certified Lease And Finance Professionals Handbook
Authors: Deborah Reuben, Certified Lease & Finance Professionals, Equipment Finance Industry Experts
6th Edition
171743388X, 978-1717433886
