Hasan receives an invoice for $103.50 dated September 30, with terms 5/10, 2/30, n/60. He decides to pay it in full on October 25. What is the total amount paid to settle the account? (Answer to the nearest cent)

HINT: There are two discount periods here, with different rates. Both are calculated from the date of the invoice.

Answer rating: 100% (QA)

To calculate the total amount paid to settle the account we need to consider the discounts offered a... View the full answer