Sarah Just Received an Invoice for $12,000 with Terms of 2/10,n/30.The

question 62

Multiple Choice

Sarah just received an invoice for $12,000 with terms of 2/10,n/30.The invoice date was June 1.Her contract with the vendor indicates a charge of 1.5 percent per month on late payments.If Sarah pays this bill on July 15 she will send the vendor a check for

• A)$12,000.
• B)$11,760.
• C)$12,180.
• D)Cannot answer without more information.

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Definitions:

Validity Effect

A phenomenon where a statement is more likely to be perceived as true the more it is repeated, regardless of its actual veracity.

Repeated Statements

The act of saying or presenting the same information multiple times to reinforce a message or ensure understanding.

Altruism

The belief in or practice of disinterested and selfless concern for the well-being of others.

Selfless Action

An act performed with no expectation of reward or recognition, often motivated by a desire to help or benefit others.