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A retailer purchases some merchandise with an invoice price of $19,900 and terms of sale...

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Accounting

A retailer purchases some merchandise with an invoice price of $19,900 and terms of sale of 5/15, n/45. What is the net amount due (in $) on the order if a partial payment of $10,800 is made on the 15th day? (Round your answer to the nearest cent.)

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