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You receive an invoice in the amount of $10,000. The invoice is dated February 20. Goods were received on February 28. Terms are 3/20, EOM.

You receive an invoice in the amount of $10,000. The invoice is dated February 20. Goods were received on February 28. Terms are 3/20, EOM. You plan to pay your vendor on March 15.

How much will you pay the vendor?

In the provided text-box enter your final answers. Round your answer the the nearest hundredth (two decimal places).

$___________________

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