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Find the discount date, the due date, and the complement rate. Use the complement method to find the ...

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Find the discount date, the due date, and the complement rate. Use the complement method to find the ...

Find the discount date, the due date, and the complement rate. Use the complement method to find the remittance if the required remittance is paid within the discount period.

In an attempt to attract new business customers, the wholesale hardware store offered terms of 2.5/40, net/60. On July 10, a building contractor purchased materials costing $611.25, which included a $50 freight charge. On August 2, the contractor returned materials costing $143.25.

Discount Date:	_________	Complement Rate:	_________
Due Date:	_________	Remittance:	_________

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Contemporary Business Mathematics for Colleges

Edition: 16^th

Authors: Deitz, Southam

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