A farm feed supply firm buys feed with an invoice date of April 19. The terms of

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Mathematics

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A farm feed supply firm buys feed with an invoice date of April 19. The terms of sale are 3/15, n/30. (a) Find the discount date. Find the net date of this invoice

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Explanation & Answer

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Find the discount date?

3/15=N/30

ANSWER IS

15N= 3*30

15N=90

N=6

discounted date was 6 April

find the net date of the invoice 13 April

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FAF110575541127425866916 (75)
Carnegie Mellon University

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