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An Invoice for $2500 Dated September 15 with Terms 2/10

Question 32

Multiple Choice

An invoice for $2500 dated September 15 with terms 2/10, 1½ /20, n/30, EOM is received in the mail on September 18. What payment will settle the invoice on October 11?


A) $2450.00
B) $2500.00
C) $2200.00
D) $2437.50
E) $2125.00

Correct Answer:

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