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Business, 14.04.2020 19:22 nyahdrake

A buyer of $7,000 in merchandise inventory failed to take advantage of the vendor's credit terms of 2/15, n/45, and instead paid the invoice in full at the end of 45 days. By not taking advantage of the cash discount, the buyer lost the discount of:.
a. 100.
b. 77.
c. 1155.
d. 770.
e. 231.

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