Multiple Choice
An invoice for $7,000 dated September 1 with terms 2/10, 1½/20, n/30 is received in the mail on September 3. If the company wants to reduce the outstanding balance to $4,000, how much should they pay on September 12?
A) $3,000
B) $2,940
C) $2,955
D) $3,920
E) $3,940
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q91: The Simcoe School Board has three invoices
Q92: Bosley's Pet Foods buys dog kibble
Q93: Larissa sells coats for $200 less 30%.
Q94: Digital Devices sets its retail prices on
Q95: Central Ski and Cycle purchased 50
Q97: Office furniture is purchased for $4,685 less
Q98: A retailer purchases mechanical equipment for $4,505
Q99: Mack the Mover received a bill for
Q100: Omega Restaurant received an invoice dated July
Q101: Calculate the net price of a vacuum