Your bill from Acme Supply Company is marked "3/15, net 30." The amount of the bill is $178.95. If you pay the bill within 15 days, how much should you tender?
$5.36
$5.37
$173.58
$173.59

Question

Your bill from Acme Supply Company is marked "3/15, net 30." The amount of the bill is $178.95. If you pay the bill within 15 days, how much should you tender?
$5.36
$5.37
$173.58
$173.59

tkhunny · Answer

What does 3/15 mean?

anonymous · Answer

im not sure never tried these problems but they are algebra 2 semester2

tkhunny · Answer

Fair enough.

3/15, in this context, means "Pay it within 15 days, and get a 3% discount"

Can you now answer the question?

anonymous · Answer

would i discount the 3% from the sum of $178.95 im sorry not very bright

tkhunny · Answer

No need to include that last 5 words.  Just ask question as necessary.

Yes.  That is exactly correct.  Find 3% of the bill and don't pay it - if you pay within 15 days.  The "30" simply means you had better pay in 30 days, in any case.

anonymous · Answer

i have come up with a discount of $5.3685 im guessing its A) since there is no round ups