Question: received an invoice dated April15 with terms 4/15, n/30. The amount stated on the invoice was $2302.00. (a) What is the last day for taking

received an invoice dated April15 with terms 4/15, n/30. The amount stated on the invoice was $2302.00.

(a) What is the last day for taking the cashdiscount?

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

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