Multiple Choice
A home accessories store buys lamps with a net price of $22,600. The terms of sale are 4/15, n/30. If a partial payment of $10,300 is sent to the wholesaler on the discount date, what is the net amount still due?
A) $21,696.00
B) $11,870.83
C) $12,712.00
D) $11,808.00
Correct Answer:
Verified
Correct Answer:
Verified
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