On January 8th, Azam purchased a new car listed at OMR 10,000. To encourage him to pay quickly, the seller was ready to offer him a cash discount as follow: 8/15, n/60, EOM. If Azam compensated the seller on February 18th how much he paid exactly to get this car? a. OMR 2,900 b. OMR 10,000 c. OMR 9,200 d. OMR 8,500
On January 8th, Azam purchased a new car listed at OMR 10,000. To encourage him to pay quickly, the seller was ready to offer him a cash discount as follow: 8/15, n/60, EOM. If Azam compensated the seller on February 18th how much he paid exactly to get this car? a. OMR 2,900 b. OMR 10,000 c. OMR 9,200 d. OMR 8,500
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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