SOLUTION: Macy of New York sold LeeCo. of Chicago office equipment with a $6,500 list price. Sale terms were 5/10, n/30 FOB New York. Macy agreed to prepay the $60 freight. LeeCo. pays the i

Algebra ->  Finance -> SOLUTION: Macy of New York sold LeeCo. of Chicago office equipment with a $6,500 list price. Sale terms were 5/10, n/30 FOB New York. Macy agreed to prepay the $60 freight. LeeCo. pays the i      Log On


   



Question 1149999: Macy of New York sold LeeCo. of Chicago office equipment with a $6,500 list price. Sale terms were 5/10, n/30 FOB New York. Macy agreed to prepay the $60 freight. LeeCo. pays the invoice within the discount period. What does LeeCo. pay Macy?
Payable Amount-

Answer by ikleyn(52810) About Me  (Show Source):
You can put this solution on YOUR website!
.

Sorry, this problem is not from Math.

It is from Finance, which is not the profile of this forum.