Answer:The amount to be paid within the discount period is $980
Step-by-step explanation:
The term 2/10, n45
means that 2% discount is offered if the amount of invoice is paid within 10 days from the date of invoice .
n/45 means that the buyer will pay the full amount within 45 days if he /she does not pay within the discount period of 10 days .
Now if the amount is to be paid within the discount period, the amount will be
Amount to be paid= $1000- 2% of 1000
= $1000-20
=$980
The discount is $109.50, so the sale price would be $245.50
Answer:
The relationship is linear.
Step-by-step explanation:
A linear relationship is a trend in the data that can be modeled using a straight line, such that a relationship between two variables x and y is linear if the rate of change is constant. That is, whenever x increases by 1, and it always increases by the same constant.
The constant by which y increases as x increases by 1 is called the slope and is denoted by the letter m. Being b the y-intercept, the linear relationship is modeled by the expression:
y=m*x + b
In this case x represents the minutes and y is the total number of pieces put together, so that each time x (minutes) increases by 1, "y" increases by 5 pieces. So knowing that you have already collected 253 pieces, the expression of the linear relationship is:
y=5*x + 253
The relationship is linear.
