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can you please explain why the answer is c and not b. I got b by taking 2% (0.02) x 1800 = 36 1800- 200-36=1564
can you please explain why the answer is c and not b.
I got b by taking 2% (0.02) x 1800 = 36
1800- 200-36=1564
A company purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise. On July 8, it paid the full amount due. The amount of the cash paid on July 8 equals: $200. B. $1,564. C. $1,568. $1,600. E. $1,800Step by Step Solution
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