White’s Photography received an e-invoice from Fuji Canada dated February 27 of a leap year. The amount of the invoice is $2896.77 with terms 2 ½ /10, 1/30, n/60.
a. What is the last date on which White’s is eligible for the 2_1% discount? 2
b. What amount will be required on that date to settle the invoice?
c. Instead of the payment in (b), what amount must be paid on March 29 to settle the invoice?