Asked by Grahm Pratt on Jul 14, 2024
Verified
An invoice for $2,956.60, dated February 2, has terms 2/15, 1/30, n/90. What three equal payments on February 17, March 2, and May 2 will settle the account?
Invoice
A notice from the seller to the buyer, detailing the items, their quantities, and the prices settled upon for the goods or services supplied.
Payments
Transactions by individuals or entities to transfer money in exchange for goods or services.
- Determine the final amount payable by accurately applying discounts and terms.
Verified Answer
PS
Learning Objectives
- Determine the final amount payable by accurately applying discounts and terms.