SOLUTION: An invoice of $2,000 is dated November 10, and terms of 4/10. n/30 are being offered. Find the cash discount and the amount due if the invoice is paid within 10 days.

SOLUTION: An invoice of $2,000 is dated November 10, and terms of 4/10. n/30 are being offered. Find the cash discount and the amount due if the invoice is paid within 10 days.

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Question 168918: An invoice of $2,000 is dated November 10, and terms of 4/10. n/30 are being offered. Find the cash discount and the amount due if the invoice is paid within 10 days.
Answer by jojo14344(1513) (Show Source): You can put this solution on YOUR website!
.
*If total invoice of $2,000 paid in 10 days, then the amount due is:
=$1920.00 (Due in 10 days)
*Note: highlighted amount is the discount
.
Thank you,
Jojo
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