The actual amount that should be credited is $757.58.
<u>Solution:</u>
Given that,
2% Discount if paid in 10 days.
1% Discount if paid in 15 days, (but greater that 10 days)
Net due in 60 days.
That is,
will close the acount on days 1-10
will close the acount on days 11-15
And August 8 is Day 15 and falls under the 1% discount rule.
Therefore, we have to divide the partial payment by the complement of the discount rate.
from the balance, and
is due by day 60.
Answer:
Step-by-step explanation:
<h2>4/x=2/10</h2>
cross multiplication:
4*10=2*x
40=2x
x=40/2=20
<h2>w/2 = 4.5/6.8</h2>
6.8w=2(4.5)
6.8w=9
w=9/6.8=1.32352941
Answer:6
Step-by-step explanation:
B. $518.50 is the answer. Quizzes and Quizlet confirmed.