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Mike Returned $300 of Merchandise to Secret Trails

Question 6

Multiple Choice

Mike returned $300 of merchandise to Secret Trails. His original purchase was $600, with terms 1/10, n/30. If Mike pays the balance of his account after the discount period, how much should he pay? (Round your calculations to the nearest whole dollar.)


A) $306
B) $294
C) $300
D) $600

Correct Answer:

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