A company makes a purchase of $2,000 of inventory, subject to credit terms of 3/10 n/45 and

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Question:

A company makes a purchase of $2,000 of inventory, subject to credit terms of 3/10 n/45 and returns $500 of inventory prior to payment. What is the amount of the payment assuming payment is made within the discount period?

A) $1,500

B) $1,455

C) $1,440

D) $1,560