A company purchased $9000 of merchandise on June 15 with terms of 3/10, n/45. On June 20, it returned $450 of that merchandise. On June 24, it paid the balance owed for the merchandise taking any discount it was entitled to. The cash paid on June 24 equals:

A. $8730.
B. $8294.
C. $9000.
D. $8339.
E. $8550.


Answer: B

Business

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