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Peak Roofing Sent Jensen Builders an Invoice Dated July 12

Question 172

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Peak Roofing sent Jensen Builders an invoice dated July 12 for $5,400 with terms 3/10, 1½/20, n/45. Jensen made a payment of $2,000 on July 20, and a second payment on August 1 that reduced the balance owed to $1,000. What was the size of the second payment?

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