Answer:
Step-by-step explanation:
Answer:
1/5
Step-by-step explanation:
Divide both numerator and denominator by 6:
1/5
Answer:
C. $824.74, $175.26
Step-by-step explanation:
1) Amount Credited
The formula to calculate the amount credited =
Amount paid ÷ ( 100% - Discount)
Discount is given in the question as 3/10
Where 3 = Discount rate
Amount paid = $800
Amount credited = 800/( 100% - 3%)
= 800/ 97%
= 800/ 0.97
= $824.74
b) Outstanding balance = Invoice - Amount credited
Invoice = $1000
Amount credited = $824.74
Outstanding balance = $1000 - $824.74
= $175.26
Answer:
r-9
Step-by-step explanation:
Isolate the variable by dividing each side by factors that don't contain the variable
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