SOLUTION: 3. Emco Ltd. received an invoice dated may 5 for $4000 less 15% and 7.5%, terms 3/5 E.O.M. A cheque forb $1595.65 was mailed by EMCO on June 15 as part payment of the invoice. a)

Question 1161567: 3. Emco Ltd. received an invoice dated may 5 for $4000 less 15% and 7.5%, terms 3/5 E.O.M. A cheque forb $1595.65 was mailed by EMCO on June 15 as part payment of the invoice.
a) by how much did EMCO reduce the amount due on invoice?
b) how much does EMCO still owe ?

Answer by ikleyn(52781) (Show Source): You can put this solution on YOUR website!
.

At this forum, we teach and help students in Math.

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Have a nice day / night (!)

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