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You sell socks wholesale and your terms are 1/10 net 90. A customer just purchased $1000 of socks from you. 5 points. How much

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You sell socks wholesale and your terms are 1/10 net 90. A customer just purchased $1000 of socks from you. 5 points. How much more or less in dollars would you make or lose if the customer paid you in the first 10 days compared to waiting? Show your calculations. 4 5 points. You can invest your funds at 5% with a bank. Would you rather that your customer pay you in the first 10 days or wait? Show your calculations.

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