Math
posted by Anonymous .
An invoice dated August 15 is paid on August 20 . The amount on the bill is $ 1,525 and the credit terms are 3 / 10 , n / 30. What amount should be paid?
(a)$ 1,325.00 (b)$ 1,425.00 (c)$ 1,479.25 (d)$ 1,495.00 (e)$ 1,525.00
I am having trouble figuring what formula i could use to solve this problem. Please help me out.

Math 
Ms. Sue
Since the invoice is paid within 10 days, the customer takes 3% off the amount on the bill.
1525  (1525 * 0.03) = ?
Respond to this Question
Similar Questions

Business Math
What amount must be paid to settle an invoice of $1200 dated Nov.28 , terms 3/10, n/30 if the invoice is paid on Dec. 3? 
Math
1. 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
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
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? 
Math
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? 
Bus. Math
What payment should be made on an invoice in the amount of $3400 dated August 7 if the terms of the sale are 3/15,2/30,n/45 and the bill is paid on August 19 and September 3 
Business Math
Check My Work (7 remaining) 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 ... a. ... August 19? 
Math
An invoice for a camcorder that cost $1210 is dated August 2, with sales terms of 4/10 EOM. If the bill is paid on September 5, how much is due for the net amount due? 
accounting
Do these in a journal entries form and illustrate it:1. August 7. Bought supplies in account from Long Music Supplies, $ 2720.00. August 7. Received cash from sales $400.00. August 11. Paid cash on account to Caroline office supplies … 
math
if an invoice is dated april 25 and has credit terms of 3/15 ,n/45 , what is the last date on which the net amount of the invoice can be paid without incurring an penalty