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Old 07-29-2007   #1
Ineedhelp
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Default Can somone help me with this math please?

Jones Advertising Agency received a $3,000 invoice dated June 8. Terms were 2/10, 1/15, n/60. On June 22 Jones Advertising sent a $1,600 partial payment. What credit should Jones Advertising receive? What is Jones' outstanding balance? Round to nearest cent.