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Home Q & A Board Science-Related Homework Help Mathematics
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theroyalty theroyalty
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A year ago
Mayfair Distributors sent Bed 'n Bath an invoice dated December 23 for $5344.90 with terms 2/10, 1/20, n/30. The penalty on overdue accounts is 1% of the overdue balance.

a) What is the balance after a payment of $3000 on January 3?
b) What additional payment on January 30 will settle the account?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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Botox14Botox14
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Anonymous
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