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John Michael receives an invoice from Staples dated November 5th, 2011 for $1,320 with terms 5/7, 1/20, n/33. This invoice was paid on November 8th,
John Michael receives an invoice from Staples dated November 5th, 2011 for $1,320 with terms 5/7, 1/20, n/33. This invoice was paid on November 8th, 2011. a. How many days were there between the date of the invoice, and when the invoice was paid? Number of days = days b. How much was the amount of the discount? Amount of discount = (round to the nearest cent) c. How much was paid? Amount paid = (round to the nearest cent) The price for a bike after two successive discounts of 32% and 15% is $101.15. 1. What is the single equivalent rate of discount? % (rounded to two decimal places) 2. What is the price of the bike before the two discounts? Price =$ (rounded to the nearest dollar)
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