SOLUTION: On May 25th, Winthrop racing purchased $26,750 worth of racing tired for its team. The tire manufacturer offered Winthrop terms of 5/15, net/60. The discount applied to any amount
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Question 1038615: On May 25th, Winthrop racing purchased $26,750 worth of racing tired for its team. The tire manufacturer offered Winthrop terms of 5/15, net/60. The discount applied to any amount paid within the discount period. What is the unpaid balance if Winthrop paid $20,000 on June 5th.
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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