Joyce's Company received an invoice for $211,250 dated November 4, 2011 with payment terms 7/3, 2/20, 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

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
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Joyce's Company received an invoice for $211,250 dated November 4, 2011 with payment terms 7/3, 2/20, 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

 

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