Question: A hardware store received an invoice for $6375 dated March 26, 2020 with payment terms 3/7, 1.5/15, E.O.M. a. What payment on April 05 will

A hardware store received an invoice for $6375 dated March 26, 2020 with payment terms 3/7, 1.5/15, E.O.M.

a. What payment on April 05 will reduce the balance owed to $2000?

b. What further payment needs to be made on April 15 to settle the balance?

AppendixLO1

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