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An invoice dates March 5 in the amount of $2,800 with terms of 3/10, n/30, EOM and a trade discount to retailers of 10 percent,
An invoice dates March 5 in the amount of $2,800 with terms of 3/10, n/30, EOM and a trade discount to retailers of 10 percent, 5 percent, and 2 percent arrives with the merchandise on March 7. The invoice is paid May 2. What amount is due the vendor?
Invoice Amount = $2,800 Dated: March 5th Arrives: March 7th Paid: May 2nd
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