Summer Appliances received an invoice dated November 14 with terms 2/10 E.O.M. for the items listed below. 6 refrigerators at $920 each less 20% and 6% 2 4 dishwashers at $701 each less 17%, 12.7%, and 4% (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (c) What is the amount of the cash discount if a partial payment is made such that a balance of $2200 remains outstanding on the invoice?

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
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Summer Appliances received an invoice dated November 14 with terms 2/10 E.O.M. for the items listed below.
6 refrigerators at $920 each less 20% and 6%
2
4 dishwashers at $701 each less 173 %, 12.7%, and 4%
(a) What is the last day for taking the cash discount?
(b) What is the amount due if the invoice is paid on the last day for taking the discount?
(c) What is the amount of the cash discount if a partial payment is made such that a balance of $2200 remains outstanding on the invoice?
Transcribed Image Text:Summer Appliances received an invoice dated November 14 with terms 2/10 E.O.M. for the items listed below. 6 refrigerators at $920 each less 20% and 6% 2 4 dishwashers at $701 each less 173 %, 12.7%, and 4% (a) What is the last day for taking the cash discount? (b) What is the amount due if the invoice is paid on the last day for taking the discount? (c) What is the amount of the cash discount if a partial payment is made such that a balance of $2200 remains outstanding on the invoice?
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