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PLEASE ANSWER ALL QUESTIONS. THANKS. 8. Solve for the amount of discount and amount due. Invoice amt: $293.41 Invoice date: Sept 13 Terms: 3/11 EOM

PLEASE ANSWER ALL QUESTIONS. THANKS.

8. Solve for the amount of discount and amount due. Invoice amt: $293.41 Invoice date: Sept 13 Terms: 3/11 EOM Goods rec'd: Sept 16 Date paid: Oct 9

Amount of discount: $8.50; amount due: $282.41

Amount of discount: $0; amount due: $293.41

Amount of discount: $8.80; amount due: $284.61

Amount of discount: $32.28; amount due: $261.13

9. Solve the problem. Round rates to the nearest tenth of a percent and dollar amounts to the nearest cent. A local dealer sells baseballs for $25 each. If $3.92 is the markup, what is the cost and the markup on cost?

$28.92, 13.6%

$25.00, 15.7%

$21.08, 18.6%

$21.08, 84.3%

10. Using complements (with respect to 1) of the single discounts, find the net cost equivalent for the following discount. 5/5

a. 0.0975

b. 0.1

c. 0.025

d. 0.9025

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