Maya, the general manager at Next Strength, received a shipment of new equipment for her gym. The

Question:

Maya, the general manager at Next Strength, received a shipment of new equipment for her gym. The invoice dated March 04, 2020 was for $30,000 with payment terms 3/10, 2.5/30, n/60.

a. If she made a payment of $10,000 on March 14, 2020, calculate the balance amount on the invoice.

b. What further payment on April 03, 2020, would reduce the balance to $2000? C. If the invoice was settled with a balance payment on May 03, 2020, what was the total payment for the shipment?

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