​a small retailer buys goods from a vendor with an invoice amount of $9,100. the

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a small retailer buys goods from a vendor with an invoice amount of $9,100. the terms of sale are 2/10, n/30.what is the net amount due on the goods if the bill is paid by 10th days?

Oct 23rd, 2017

Thank you for the opportunity to help you with your question!

invoice amount=$9100

sn=a1(1-R^N)/1-R

terms sn=a1(1-10^10)/1-10 

2/10(1-100)/-9

1/5(-99)/-9

1/5(11)

11/5

2.2*9100= $20020    


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Jun 20th, 2015

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Oct 23rd, 2017
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Oct 23rd, 2017
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