Vanessa received an invoice for $5,000 that had payment terms of 5/10 n/30. He made a...
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Vanessa received an invoice for $5,000 that had payment terms of 5/10 n/30. He made a partial payment of $2,500 during the discount period. a. Calculate the amount credited. Round to the nearest cent b. Calculate the balance on the invoice after the partial payment was made. Vanessa received an invoice for $5,000 that had payment terms of 5/10 n/30. He made a partial payment of $2,500 during the discount period. a. Calculate the amount credited. Round to the nearest cent b. Calculate the balance on the invoice after the partial payment was made.
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Invoice amount 5000 Discount rate 5 Partial payment 2500 Final answer is Amount credi... View the full answer
Related Book For
Business Math
ISBN: 978-0133011203
10th edition
Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble
Posted Date:
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