Question: gnment CALCULATOR PRINTER VERSION BACK NEXT Multiple Choice Question 90 A buyer borrows money at 5% interest to pay a 55000 Invoice with terms 1/10,

 gnment CALCULATOR PRINTER VERSION BACK NEXT Multiple Choice Question 90 A

gnment CALCULATOR PRINTER VERSION BACK NEXT Multiple Choice Question 90 A buyer borrows money at 5% interest to pay a 55000 Invoice with terms 1/10, 1/30 on the 10th day of the discount period. The loan is repeld on the 30th day of the Invoice. What is the buyer's net savings for these two transactions? (Assume a 360 day year) $58.00 $102.00 50 $58.90

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