SOLUTION: Contracted jones bough $8,750 worth of building materials on August 1. The supplier offered a 2.5% cash discount on any amount paid within 7 days. Compute the amount the builder sh

Question 1038614: Contracted jones bough $8,750 worth of building materials on August 1. The supplier offered a 2.5% cash discount on any amount paid within 7 days. Compute the amount the builder should remit to credit their account for $7,500 (this problem involves the partial payment of an invoice within the discount period.)
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!

This is an accounting question, but this is not an accounting website.

John

My calculator said it, I believe it, that settles it

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