Business math calculating invoice

Mathematics
Tutor: None Selected Time limit: 1 Day

10.  Determine the net amount due on the invoice. Round your answer to the nearest cent. Place comma and dollar sign in your answer where appropriate.

Invoice AmountTermsPaid Within Discount PeriodReturned MerchandiseShipping ChargesCash DiscountNet Amount Due
$638.001/10, n/30yes$33.50none$6.05

May 1st, 2015

net amount due = Invoice Amount - Returned Merchandise - Cash Discount
= $ 638.00 - $ 33.50 - $ 6.05 = $598.45

Please let me know if you have any questions.

May 1st, 2015

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