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# ) Make Thyme is a curiosity shop in Urbanna, VA. Most of its sales occur between November and Christmas. The owner wants to order $60,000 of products...

1.) Make Thyme is a curiosity shop in Urbanna, VA. Most of its sales occur between November and Christmas. The owner wants to order $60,000 of products on Nov. 1, and she can receive a 5% price reduction if she pays cash. Otherwise she pays the full $60,000 in 60 days. She goes to the local bank and inquires about a 60 day discount note at 12% to cover the cost of the products after the wholesaler's 5% reduction. How much money can she save (if any) by taking out the loan