Question: Standard Software purchases programs from Microsoft with an invoice price of $25,900 and terms of sale of 5/15, n/30. What is the net amount due
Standard Software purchases programs from Microsoft with an invoice price of $25,900 and terms of sale of 5/15, n/30. What is the net amount due on the order if a partial payment of $6,000 is made on the 15th day?
a. $24,605.00
b. $20,200.00
c. $20,720.00
D. $19,584.21
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