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By what date it must be paid to get the discount

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Reference no: EM131621626

Question: 1. An invoice received by Best Buy and dated March 15 has a net price of $985 with terms 2/15, n/30. Find the latest date a cash discount is allowed and find the cash discount. Find the net amount.

2. The Gap has an invoice dated August 20 with terms 3/15, n/30. It must be paid by what date to get the discount?

Reference no: EM131621626

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