Homework Help: math

Posted by momo on Thursday, November 8, 2012 at 3:34pm.

a store owner buys supplies from a vendor for $8,450. The terms of the sale are 2/10, n/30. What will be the net amount due if the owner pays by the 10th day after he receives the supplies

math - Kimberlie, Thursday, November 8, 2012 at 3:41pm
$8,281

2/10 means a 2% discount if paid within 10 days. Total due within 30 days.

8450 x .02 = (169) discount
-169
8281 due

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