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If a customer purchases 10 Microsoft 365 Business Premium licenses at $22 each per month, for a full year then 6 months later decides they only need 5 licenses for the remainder of the year, what would be the total charge and credit for the year?

If a customer purchases 10 Microsoft 365 Business Premium licenses at $22 each per month, for a full year then 6 months later decides they only need 5 licenses for the remainder of the year, what would be the total charge and credit for the year?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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provide an example of a country that has been able to curb/ significantly reduce their corruption levels in modern history (i.e., the last 50-100 years). What factors contributed to the ability to accomplish this? How did this positive trend impact the country’s overall development, including its economic development?

Billing charges for Microsoft 365 Commercial licensing. When a customer purchases a subscription and changes the amount during the subscription period, a full refund is credited then prorated for what was used. For example, if a customer purchased 2 subscriptions for the month of June at $15 each, the total charge for the month would be $30. If they decide to return one subscription 5 days later, the full $30 would be credited then a prorated charge for what was used would be applied. Credit $30 Charge $15 Charge $0.5 * 5 = $2.50 $15/30 $0.5 p/day = Total Charge $17.50 Total Credit $12.50 If a customer purchases 10 Microsoft 365 Business Premium licenses at $22 each per month, for a full year then 6 months later decides they only need 5 licenses for the remainder of the year, what would be the total charge and credit for the year?
Transcribed Image Text:Billing charges for Microsoft 365 Commercial licensing. When a customer purchases a subscription and changes the amount during the subscription period, a full refund is credited then prorated for what was used. For example, if a customer purchased 2 subscriptions for the month of June at $15 each, the total charge for the month would be $30. If they decide to return one subscription 5 days later, the full $30 would be credited then a prorated charge for what was used would be applied. Credit $30 Charge $15 Charge $0.5 * 5 = $2.50 $15/30 $0.5 p/day = Total Charge $17.50 Total Credit $12.50 If a customer purchases 10 Microsoft 365 Business Premium licenses at $22 each per month, for a full year then 6 months later decides they only need 5 licenses for the remainder of the year, what would be the total charge and credit for the year?
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