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On April 1/2018 Organics Corporation receives an invoice from a supplier with the terms 3 by 10 net 30 the due amount is $100 and

On April 1/2018 Organics Corporation receives an invoice from a supplier with the terms 3 by 10 net 30 the due amount is $100 and company has $200 in its bank account interest rate is 36 % per annum calculate the following

1- the bank balance if the company pays on 10th April 2-the bank balance if the company pays on 30th April 3- the rate at which the company will be different to pay at 10th or 30th April

Real time banking and conventional banking method

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