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Find the Discount Date and Net Payment Date

Question 10

Multiple Choice

Find the discount date and net payment date. (The net payment date is 20 days after the final discount date.)
-Invoice date: Sep 10 Terms: Find the discount date and net payment date. (The net payment date is 20 days after the final discount date.) -Invoice date: Sep 10 Terms: EOM A) Discount date: Sept 9; net payment date: Oct 31 B) Discount date: Sept 19; net payment date: Oct 9 C) Discount date: Oct 9; net payment date: Oct 29 D) Discount date: Sept 19; net payment date: Oct 30 EOM


A) Discount date: Sept 9; net payment date: Oct 31
B) Discount date: Sept 19; net payment date: Oct 9
C) Discount date: Oct 9; net payment date: Oct 29
D) Discount date: Sept 19; net payment date: Oct 30

Correct Answer:

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