True Value received an invoice dated 4/15/02. The invoice had a $5,900 balance that included $700 freight. Terms were 5/10, 4/30, n/60. True Value pays the invoice on April 29.

What amount does True Value pay?

Question

True Value received an invoice dated 4/15/02. The invoice had a $5,900 balance that included $700 freight. Terms were 5/10, 4/30, n/60. True Value pays the invoice on April 29.
 
What amount does True Value pay?

anonymous · Answer

terms of the total balance 5,900?

anonymous · Answer

I think so... I've worked the numbers all different ways possible but still not coming up with the right answer

anonymous · Answer

Can't find out how much true value pays, but could find n. Since they are not paying the whole balance, n can mean anything. Otherwise its 700/5900+5900(1/2)+5900(2/15)+5900(n/60)=5200, and it seems alright for n, but its not really a reasonable question in the first place since n isn't what we want anyway, sorry

anonymous · Answer

That's alright thank you for your time... It doesn't make sense to me at all so i may just let it be how i have it and then find out where i went wrong to learn that way. Thank you again!