The cash discount and net amount due if amount of invoice is $ 9 , 121.44 , 3 1 2 % of cash discount is offered when the invoice is paid within 15 days and n of cash discount is offered if the invoice is paid within 60 days.

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Chapter 7.IV, Problem 5RE

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To calculate: The cash discount and net amount due if amount of invoice is $9,121.44, 312% of cash discount is offered when the invoice is paid within 15 days and n of cash discount is offered if the invoice is paid within 60 days.

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