What payment should be made on an invoice in the amount of $3,400 dated August 7 if the terms of sale are 3/15, 2/30, n/45 and the bill is paid on August 19
business math - Anonymous, Saturday, May 25, 2013 at 3:23pm
shellehy you need to answer question you have more than one post that has not been answered
business math - Mrs.Main, Saturday, May 25, 2013 at 4:05pm
august 7th to august 19th that date the bill was paid.
subtract 19-7, which equals 12 days.
terms are 3/15, 2/30/ and n/45.
3 percent x $3400=?
subtract this answer from $3400, and then you have your answer