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An Invoice of $1,000 for Merchandise Purchased Is Showing 3/15,n/30

Question 138

Multiple Choice

An invoice of $1,000 for merchandise purchased is showing 3/15,n/30 as terms of credit.If the invoice is paid on or before the fifteenth day after the invoice date,the amount to be paid is ________.


A) $970
B) $1,000
C) $1,030
D) $1,033

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