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An invoice dated 26 October 2014 amounted to RM8,260 was offered trade discounts of 7%, 2% and cash discount terms of 3/15, 2/30, n/60. No use excel. Find a) The net price after trade discount. (RM7528.16) b) The amount paid on 17 November 2014. (RM7377.60)

An invoice dated 26 October 2014 amounted to RM8,260 was offered trade discounts of 7%, 2% and cash discount terms of 3/15, 2/30, n/60. No use excel. Find a) The net price after trade discount. (RM7528.16) b) The amount paid on 17 November 2014. (RM7377.60)

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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4. An invoice dated 26 October 2014 amounted to RM8,260 was offered trade discounts of 7%, 2% and cash discount terms of 3/15, 2/30, n/60. No use excel. Find a) The net price after trade discount. (RM7528.16) b) The amount paid on 17 November 2014. (RM7377.60)
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