1) An invoice for $1866 dated June 20 has terms of 3/10-40X, anticipation permitted. How much should be remitted if paid July 15?

a: $1082.18

b: $1731.65

c: $1820.02

d: $1966.03

2) Which is the better series of discounts for the vendor (as opposed to the buyer)?

a: 45% 25%, and 3%

b: 50%, 10%, and 5%

3) An invoice for $3290 dated April 26th, covering merchandise received May 19th, carries terms of 8/10 EOM, ROG. It is paid June 10. How much should have been remitted? What would have been remitted had ROG not been included?

a: $3026.80, $3290.00

b: $3290.00, $32390.00

c: $3290.00, $3026.80

d: $3026.80, $3026.80