Question: 5. What amount will reduce the amount due on an invoice of $2980.87 by $1953.87 if the terms of the invoice are 4/10, 1/60 and

5. What amount will reduce the amount due on an invoice of $2980.87 by $1953.87 if the terms of the invoice are 4/10, 1/60 and the payment was made during the discount period? The payment amount is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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