Business math calculating invoice

Mathematics
Tutor: None Selected Time limit: 1 Day

20.  Calculate cash discount or net amount due. Round your answer to the nearest cent. Place dollar sign in answer where appropriate.

Corner Grocery received an invoice for $689.30, dated October 8, with terms 2/10, n/30. How much should the store pay on October 20?

May 1st, 2015

Since the payment is being made on 20th Oct, which is after the 10 days 2% discount period ending on 18th Oct.

So, net amount is due. which is $689.30

Please let me know if you have any questions


May 1st, 2015

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