Exam 8: Invoices and Discounts

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The _______________ is the price a customer pays after all discounts have been deducted.

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Use the complement method to find the single discount equivalent of the series discount 10/15/20.

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Katy purchased music CDs for the recreation center she manages. She is given an invoice for $259.25 which includes shipping charges of $19.95. The invoice date is February 5 with payment terms of 3/10 EOM. How much should Katy pay if she pays on March 2?

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