An invoice dated May 12, terms: 5/10, n/30 for $3000.00 was
received by Gilligan’s Funny Hat Company. Answer the following
questions, showing all of your computations.
a. What is the last day of the discount period?
b. What is the amount due if the invoice is paid on June 5?
c. What is the amount due if the invoice is paid on May 20
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