question archive Conway Company purchased merchandise inventory with an invoice price of $9,000 and credit terms of 2/10, n/30

Conway Company purchased merchandise inventory with an invoice price of $9,000 and credit terms of 2/10, n/30

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Conway Company purchased merchandise inventory with an invoice price of $9,000 and credit terms of 2/10, n/30. What is the net cost of the goods if Conway Company pays within the discount period?

a. $9,000

b. $8,820

c. $8,100

d. $8,280

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