9. Determine the number of months required for a deposit of $1320 to earn $50 interest at 5%
10. Aritzia has received an invoice of $ 1750 dated September 10, terms 3/10, n/30 R.O.G, for shipment of dresses that arrived on October 5. What is the last day to take a cash discount and how much is to be paid if the discount is taken?
9. Determine the number of months required for a deposit of $1320 to earn $50 interest...
You can earn $45 in interest on a $1,000 deposit for eight months. If the EAR is the same regardless of the length of the investment, how much interest will you earn on a $1,000 deposit for: a. 5 months. b. 1 year. c. 1.2 years.
Sierra Stone Ltd. received an invoice dated March 9 with terms 3/10, 1/30. The amount stated on the invoice was $4603.00 (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? (a) The last day to take the cash discount is (b) The amount due iss (Round the final answer to the nearest cent as needed. Round all intermediate values...
Sierra Stone Lid. received an invoice dated October 15 with terms 2/15, 1/30. The amount stated on the invoice was $2051.00. (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? (a) The last day to take the cash discount is uizz (b) The amount due is $ (Round the final answer to the nearest cent as needed. Round all...
You can earn $58 in interest on a $1,000 deposit for eight months. If the EAR is the same regardless of the length of the investment, how much interest will you earn on a $1,000 deposit for:a. 9 months.b. 1 year.c. 1.5 years.
Bay Street Vending received an invoice dated August 5 with terms 4/10, 1/30. The amount stated on the invoice was $3165.00 (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? (a) The last day to take the cash discount is (b) The amount due is (Round the final answer to the nearest cent as needed. Round all intermediate values...
Gazelle Corporation received an invoice dated November 13 with terms 2/10,n/30. The amount stated on the invoice was $2908.00 (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? (a) The last day to take the cash discount is (b) The amount due is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to...
Sierra Stone Ltd, received an invoice dated June 12 with terms 2/10, 1/30. The amount stated on the invoice was $2208.00. (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? (a) The last day to take the cash discount is (b) The amount due is $ (Round the final answer to the nearest cent as needed. Round all intermediate...
Pallette Manufacturing received an invoice dated June 13 with terms 2/10,n/30. The amount stated on the invoice was $4833.00. (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? (a) The last day to take the cash discount is (b) The amount due is $ (Round the final answer to the nearest cent as needed Round all intermediate values to...
Sandown Appliances received an invoice dated October 19 with terms 2/10 E.O.M. for the items listed below. 4 refrigerators at $930 each less 20% and 4% 5 dishwashers at $687 each less 16 %, 12.8%, and 5% (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...
This Question: 2 pts 6 of 10 (0 complete) This Sierra Stone Ltd, received an invoice dated August 31 with terms 4/15, 1/30. The amount stated on the invoice was $4386.00 (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? (a) The last day to take the cash discount is (b) The amount due is $ (Round the final...