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An Invoice for $8000 Dated September 1 with Terms 2/10

Question 87

Multiple Choice

An invoice for $8000 dated September 1 with terms 2/10, 1½ /20, n/30 is received in the mail on September 3. The company sent a cheque on September 12 for $2500. How much is credited to their account?


A) $2462.50
B) $2500
C) $2551.02
D) $2538.07
E) $2450

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