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Mel’s Furniture received an invoice dated September 27 for five bedroom sets at $3,000 each. The invoice indic.

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Mel’s Furniture received an invoice dated September 27 for five bedroom sets at $3,000 each. The invoice indicated a trade discount of 5/8/3. The seller of the furniture prepaid the freight of $200. Terms were 2/10 EOM. Assuming Mel pays on November 2, what amount would be paid. (Be sure to include the freight cost.)

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Sep 10th, 2011

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