Question: A business receives an invoice for RM1000 dated Oct. 31. The payment terms are 3% discount within 10 days, 1% discount in 30 days and
A business receives an invoice for RM1000 dated Oct. 31. The payment terms are 3% discount within 10 days, 1% discount in 30 days and payment period of 60 days. If the invoice is paid in full on December 5, what amount should be remitted?
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