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you have purchased merchandise with a list price of $ 36,000. Because you are a wholesaler, you are granted a trade discount of 49.6 per

you have purchased merchandise with a list price of $ 36,000. Because you are a wholesaler, you are granted a trade discount of 49.6 per cent. The cash discount terms are 2/EOM, n/60. How much will you remit if you pay the invoice by the end of the month of purchase? How much will discounts on payment you remit if you do not pay the invoice until the following month?

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