Matthew, the owner of a brewery in Toronto, receives a shipment of barley on August13, 2014 with an invoice dated August 9, 2014 valued at $39,000 and cash discountpayment terms 2.5/10, n/30, R.O.G. What cash discount would she receive if theinvoice is settled on the following dates?a. August 17?Round to the nearest centb. August 23?Round to the nearest centc. September 2?Round to the nearest centSAVE F9°Chp

Answered: Image /qna-images/answer/753d6e32-0dc8-437b-b34d-45754514fe0b.jpg

Answered: Matthew, the owner of a brewery in…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

A patient’s insurance policy states:Annual deductible: $300.00Coinsurance: 70-30This year the patient has made payments totaling $533 to all providers. Today the patient has an office visit (fee: $80). The patient presents a credit card for payment of today’s bill. What is the amount that the patient should pay?
1. Kate (she/her) is considering buying or leasing a new car. The cost of the car, before tax, is $31,071.00. a. The lease would cost $108.12/week, including tax, and the term of the lease is 60 months. How much would Kate pay by the end of the 60 months? b. If Kate buys the car, she must pay 13% tax on the selling price. She can finance it for a biweekly amount of $251.79 for 72 months. How much does the car cost, including tax? How much will she pay to purchase the car? c. What are the benefits of each of the options for Kate?
A $10,000 partial payment is made on a $35,621.06 invoice. The cash discount terms on the invoice are 6/20, n/45. If the partial payment is acceptable within the discount period, what is the remaining balance due on the invoice?
Three invoices for the amounts of $35,300, $27,000, and $40,600 were received on August 5, 2014, September 4, 2014, and September 27, 2014, respectively. If the payment terms are 3/7, 2/30, n/60, calculate the amount that must be paid on October 4, 2014 to settle all three invoices. Round to the nearest cent
4. Sally has a balance of $2845 on her credit card. What rate of simple interest is she being charged if she must pay $26.19 interest for the 12 days her payment is late?
Maroon Company received an invoice for $166,500 dated November 4, 2011 with payment terms 6/3, 3/20, n/45 for a truck-load of goods. Calculate the amount required to settle the invoice on the following dates. a. November 6, 2011. Round to the nearest cent b. November 24, 2011. Round to the nearest cent c. December 19, 2011. Round to the nearest cent
Three invoices for the amounts of $34,200, $25,000, and $41,450 were received on November 27, 2014, December 27, 2014, and January 19, 2015, respectively. If the payment terms are 3/7, 2/30, n/60, calculate the amount that must be paid on January 26, 2015 to settle all three invoices.
Determine the annual insurance premiums for a policy insuring a male age 40 , who wants to purchase a whole life policy with a face value of $50,500

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS