Multiple Choice
The cash discount terms for a purchase worth $1,000 made on August 1 are 3/10,net 30.How much will a buyer have to pay if he or she makes the payment on August 7?
A) $930
B) $30
C) $1,030
D) $1,000
E) $970
Correct Answer:

Verified
Correct Answer:
Verified
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