Question: Watkins has a $ 15,800 invoice that is due in 60 days. If Watkins pays the invoice in 10 days, it can take advantage of

Watkins has a $ 15,800 invoice that is due in 60 days. If Watkins pays the invoice in 10 days, it can take advantage of a 2 percent cash discount offered by the supplier. Alternatively, Watkins can in-vest the money and earn a 6 percent annual return. Should Watkins pay the invoice in 10 days? Why?

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