Question: I want the answer in its simplest form Question 8 (Chapter 7: Trade and Cash): (10 points) A Company received an invoice for $1618 dated

I want the answer in its simplest form Question 8 (Chapter
I want the answer in its simplest form

Question 8 (Chapter 7: Trade and Cash): (10 points) A Company received an invoice for $1618 dated May 11, terms 2/15 EOM. What is the last date of the discount period and last date of credit period? Ans: If invoice is paid on June 12, how much would the company pay? (Round your answers to the nearest hundredth) Ans

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