Allan Stojanovich can purchase an office desk for $1,500 with cash terms of 2/10, n/30. If he

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Allan Stojanovich can purchase an office desk for $1,500 with cash terms of 2/10, n/30. If he can borrow the money at 12% annual simple ordinary interest for 20 days, will he save money by taking advantage of the cash discount offered?
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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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