Question

what payment should be made on an invoice in the amount of $3,400 dated august 7 if the terms of sale are 3/15, 2/30, n/45 and the bill is paid on august 19?

Answer 1

how many days is it between the 7th and the 19th ?

Answer 2

3% discount if paid in 15 days
2% discount if paid between 15 and 30 days
0% discount otherwise