Math Problem Statement
An invoice for $1261 date Sep 5, terms 2/10, net 30 was paid on Sep 14. How much was paid? Answer to the nearest cent. Do not use commas or $ sign
Solution
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Math Problem Analysis
Mathematical Concepts
Percentages
Discount Calculations
Financial Math
Formulas
Discount = Original Amount * Discount Rate
Amount Paid = Original Amount - Discount
Theorems
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Suitable Grade Level
Grades 9-12
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