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luda_lava [24]
3 years ago
14

A company purchased $4,000 worth of merchandise. transportation costs were an additional $350. the company later returned $275 w

orth of merchandise and paid the invoice within the 2% cash discount period. the total amount paid for this merchandise is:
Business
2 answers:
disa [49]3 years ago
6 0

Answer:

$4,000.50

Explanation:

The company purchased $4,000 worth of merchandise

transportation costs were $350

returned merchandise worth $275

paid the total invoice within the discount period -2%, discount for early payment = ($4,000 - $275) x 2% = $74.50

total amount paid for the merchandise = $4,000 + $350 - $275 - $74.50 = $4,000.50

miss Akunina [59]3 years ago
4 0
Hi there

Worth of merchandise after purchase returns
4,000−275=3,725

Worth of merchandise after cash discount
3,725+3,725×0.02=3,799.5

Add the transportation cost to the cost of merchandise to get total amount paid for this merchandise
3,799.5+350=4,149.5


Good luck!
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The trade in goods is segregated into imports and export. This therefore makes the net exports volatile and vital because it has higher share in a current account.

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10. You have just deposited $1000 in an unusual bank account that pays interest biannually (once every 2 years). If the 2-year i
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Answer:

FV= $1,259.71

Explanation:

Giving the following information:

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3 years ago
Find the monthly house payment necessary to amortize the following loan. In order to purchase a home, a family borrows $70,000 a
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we are given: $70000 which is the present value of the loan Pv

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we want to solve for C the monthly loan repayments on the formula for present value as we are looking for future periodic payments.

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