What payment after discount period will settle invoice


Problem 1: A payment of $2500 was paid during the discount period on an invoice for $4775 with payment terms 2/15, n/30. What further payment, after the discount period, will settle this invoice?

Problem 2: A payment of $1250 was paid during the discount period on an invoice for $3150 with payment terms 3/10, n/30. What further payment, after the discount period, will settle this invoice?

Problem 3: Ella purchased some furniture for her office and received an invoice for $18,800 dated September 16, 2017 with payment terms 3/7, 1/30, n360. What amount does she have to pay on October 16, 2017 to settle this invoice?

Mathematics of Business and Finance Assignment Help service is the most sought after online services among the students from all over the world, who are pursuing their degree program in this course and want to outshine among their classmates.

Tags: Mathematics of Business and Finance Assignment Help, Mathematics of Business and Finance Homework Help, Mathematics of Business and Finance Coursework, Mathematics of Business and Finance Solved Assignments, Invoice Assignment Help, Invoice Homework Help

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What payment after discount period will settle invoice
Reference No:- TGS03042171

Expected delivery within 24 Hours