On April 1, Hakim received an invoice for $4535.50 dated March 28. The terms of payment were

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On April 1, Hakim received an invoice for $4535.50 dated March 28. The terms of payment were 3/10, 1/20, n/30, EOM. Hakim made four payments of $1000 each on April 5, April 10, April 15, and April 20. What was the balance after the fourth payment?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:01 AM

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On April 1, Hakim received an invoice for $4535.50 dated March 28. The terms of payment were

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The first two payments qualify for a 3 ...View the full answer

Business Mathematics In Canada

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