Question: You are a store manager for a large retail chain. Your store spent $23,500 to purchase new cash registers on April 20, with terms of

You are a store manager for a large retail chain. Your store spent $23,500 to purchase new cash registers on April 20, with terms of sale of 4/10, 2.5/30, n/60. You made a partial payment of $10,000 on May 1.

What is the net amount due?

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