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28 March, 11:05

A company makes a purchase for which the invoice is dated may 3 and shows terms of 3/10 1/20 n/45. what isthe last date by which the company can pay the invoice and receive any cash discount at all?

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  1. 28 March, 13:19
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    The answer is may 23 because They will receive a 3% discount if paid within 10 days, and a 1% discount if paid within 20 days.
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