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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 35
Solve the following application problems. Round to the nearest cent.
NOSTALGIC KITCHEN APPLIANCES Nostalgia Electronics, a manufacturer of Nostalgic Kitchen appliances, offers terms of 2/10-30 ex. to stimulate slow sales in the winter months. Bed Bath Beyond purchased $2382.58 worth of appliances and was offered the above terms. If the invoice was dated November 3, find (a) the final date on which the cash discount may be taken and (b) the amount paid if the discount was earned.
NOSTALGIC KITCHEN APPLIANCES Nostalgia Electronics, a manufacturer of Nostalgic Kitchen appliances, offers terms of 2/10-30 ex. to stimulate slow sales in the winter months. Bed Bath Beyond purchased $2382.58 worth of appliances and was offered the above terms. If the invoice was dated November 3, find (a) the final date on which the cash discount may be taken and (b) the amount paid if the discount was earned.
Explanation
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Cash discounts are offered by sellers to...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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