Question: please solve #2 and #3 and show work 2. A $3,000 shipment to a retailer is invoiced on August 1 and received on August 5.

2. A $3,000 shipment to a retailer is invoiced on August 1 and received on August 5. Complete the following grid, determining the last day for taking the discount and the amount due after the discount when payment terms are stated as follows: Last day to take discount Date when full Terms payment is due 2/10 net 30 2/10 net 30 ROG 2/10 net 30 EOM 2% 15th prox, net 30 2/10 net 30, as of October 1 2/10, 60X 3. What additional discount would be taken in Problem 2 above if payment were made on August 6 and the prevailing interest rate were 5 percent
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