Question: An $8500 invoice dated April 3 had terms 3.5/10, 2/20, n/45. What is the balance on the invoice after a payment of $5000 on April

An $8500 invoice dated April 3 had terms 3.5/10, 2/20, n/45.


  1. What is the balance on the invoice after a payment of $5000 on April 10?


  2. What additional payment on April 18 will settle the invoice?

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The terms 3510 220 n45 mean that if the invoice is paid within 10 days of the invoice date ie by Apr... View full answer

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