Homework Answers
Last day of taking cash discount is 10 days after invoice is made ( because it has a term 2/10 means 2% discount if payment made under 10 days)
So, last day is June 22.
Amount due is = $2208 * (1-0.02)
= $2208 * 0.08
= $2163.84
~= $2164 ( Nearest Cent)
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