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A $7,350 Invoice Dated August 3 Has Payment Terms of 4/10

Question 45

Multiple Choice

A $7,350 invoice dated August 3 has payment terms of 4/10, 2/30, n/60. If the invoice is paid on August 20 how much must the payment be?

A) $7,497
B) $6,832
C) $6,615
D) $7,056
E) $7,203

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