Question: Garrett, the owner of a hockey rink, received an invoice for $39,050 that had payment terms of 2.5/10, n/30. She made a partial payment of

Garrett, the owner of a hockey rink, received an invoice for $39,050 that had payment terms of 2.5/10, n/30. She made a partial payment of $1,420 during the discount period.

a. Calculate the amount credited.

Round to the nearest cent

b. Calculate the balance on the invoice after the partial payment was made.

Round to the nearest cent

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