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    Exam 4: Mathematics of Merchandising
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    On April 1, Hakim Received an Invoice for $4535
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On April 1, Hakim Received an Invoice for $4535

Question 81

Question 81

Short Answer

On April 1, Hakim received an invoice for $4535.50 dated March 28. The terms of payment were 3/10, 1/ 20, n/30, EOM. Hakim made three payments of $1000 each on April 5, April 10, April 15, and April 20. What was the balance after the fourth payment?

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