Question: An invoice was received for $6200 dated June 21 with terms 2/10, n/30. (a) What is the last day for taking the cash discount? (b)

An invoice was received for $6200 dated June 21 with terms 2/10, n/30.

(a) What is the last day for taking the cash discount?

(b) What is the amount due if the invoice is paid on the last day for taking the discount?

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