Question: An invoice, dated March 1, for 10 folding chairs at a cost of $25 each carries terms of 2/10, net 30. If the bill is

An invoice, dated March 1, for 10 folding chairs at a cost of $25 each carries terms of 2/10, net 30. If the bill is paid on any day from March 1 to March 11, 2% may be deducted. How much should be paid if the invoice is paid on March 14? (Show two decimal places)

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