Question
Green Inc. received an invoice of $2412 for catering services at their annual companypicnic.The invoice was dated March 22, 2011 and had the following payment
Green Inc. received an invoice of $2412for catering services at their annual companypicnic.The invoice was dated March 22, 2011and had the following payment terms:3.1/15, 1/30, n/60.Calculate the amount required to settle the invoice on the following dates.
a)April 7, 2011
b)April 30, 2011
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Derivatives Markets
Authors: Robert McDonald
3rd Edition
978-9332536746, 9789332536746
