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A company purchased $3,000 of merchandise on July 5 with terms 2/10, n/30. On July 7,...

A company purchased $3,000 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $400 worth of merchandise. On July 8, it paid the full amount due. The amount of the cash paid on July 8 equals:

Multiple Choice

  • $400.

  • $2,610.

  • $2,548.

  • $2,600.

  • $3,000.

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