Question: What amount will reduce the amount due on an invoice of $3124.51 by $1046 84 if the terms of the invoice are 3/15, n/45 and

What amount will reduce the amount due on an invoice of $3124.51 by $1046 84 if the terms of the invoice are 3/15, n/45 and the payment was made during the discount period? The payment amount is $ (Round to the nearest cent as needed.) ..

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

What amount will reduce the amount due on an invoice of $6,520.00 by $3,194.80 if the terms of the invoice are 2/10, E.O.M., and the payment was made during the discount period? The invoice date is...

Ratios, Proportion, and Percent 1.A car requires 33 litres of gasoline to travel for 402 kilometers. At the same rate of gasolineconsumption, how far can the car travel if the gas tank holds 53...

Question 1 A company received an invoice for $1524.27 dated April29 with terms 7/15, 3/30, n/60. (a) If the invoice is paid on May7, how much is to be paid? (b) If the invoice is paid on May27, how...

5. An invoice for $6200.00, dated May 28, 3/10, 1/20, n/60, was received on May 30. What payment must be made on June 5 to reduce the debt to $4760.00? Approximate to the nearest 100th. 6. What...

What amount will reduce the amount due on an invoice of $342845 by $958.28 if the terms of the invoice are (2)/(10) . (n)/(30) and the payment was made during the discount period?\ The payment amount...

What amount will reduce the amount due on an invoice of $2862.62 by $1135.14 if the terms of the invoice are 1/10, n/45 and the payment was made during the discount period? The payment amount is s...

What amount will reduce the amount due on an invoice of $2390.74 by $1182.49 if the terms of the invoice are 2/10, n/45 and the payment was made during the discount period? The Payment amount is...

What amount will reduce the amount due on an invoice of $3208.18 by $1086.16 if the terms of the invoice are 5/15, n/45 and the payment was made during the discount period? The payment amount is $...

Math1002 $22--Sec 203 (1) Test: Assignment 1(5%) Question 2 of 11 This test: 11 point(s) possible This question: 1 point(s) possibl What amount will reduce the amount due on an invoice of $2516.71 by...

In the following, use only the following ideas about sets: A set is a collection of elements, Two sets are equal if they have the same elements. 2. Consider the collections C = {penny, nickel,...

Evergreen Corporation manufactures circuit boards and is in the process of preparing next year's budget. The pro forma income statement for the current year is presented below. Sales ps 3,500,000...

If Dr . Patel s disability insurance policy allows him to work as a consultant while collecting total disability benefits, what definition of total disability does his policy include?

write the code Your NOR gate will be 16 bits wide, and can be built from two 8 input OR gates, one 2 input OR gate, and one Not gate (to generate NOR from OR). Use the built-in nand2tetris 8 - and 2...