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Question(s) / Instruction(s):

A company purchased $1,800 of merchandise on December 5. On December 7, it returned $200 worth of merchandise. On December 8, it paid the balance in full, taking a 2% discount. The amount of the cash paid on December 8 equals:
a)    $200
b)    $1,564
c)    $1,568
d)    $1,600
e)    $1,800

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