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Posted by on Saturday, August 6, 2011 at 2:11pm.

A furniture store receives an invoice dated Sept. 27 for 5 bedroom sets at $3,000 each. The invoice indicated a trade discount of 5/8/3. The seller of the furniture prepaid the freight of $200. Terms were 2/10 EOM. Assuming Mel pays on Nov. 2, what amount would be paid. (Be sure to include the freight cost.)

  • math - , Sunday, August 7, 2011 at 4:02pm

    Discount: I don't know what 5/8/3 means.

  • math - , Monday, August 29, 2011 at 10:08pm

    A furniture store receives an invoice dated Sept. 27 for 5 bedroom sets at $3,000 each. The invoice indicated a trade discount of 5/8/3. The seller of the furniture prepaid the freight of $200. Terms were 2/10 EOM. Assuming Mel pays on Nov. 2, what amount would be paid. (Be sure to include the freight cost.)

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