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**Please place the correct numbers in the xxxxs below to get the correct answer** 1.) What is the discount, if any, on terms1.5/10 N/30 on

**Please place the correct numbers in the xxxxs below to get the correct answer**

1.) What is the discount, if any, on terms1.5/10 N/30 on a $9,000 invoice? To figure out if there is a discount and what the discount total is fill in the xxxx's with the correct numbers.

*(Price before Discount=xxxx, Discount percent=xxx, Days untill Discounted payment=xxxx, Days until full payment due=xxxx) = Total xxxx*

Price Before Discount = xxxx

Discount Percent = xxxx

Days till Discounted Payment = xxxx

Days till Full Payment is Due = xxxx

Implicit Interest Rate Discount 365 Days

on Trade Credit = ---------------------- x --------------------- x 100% = xxxx

Discounted Days

Price Sooner

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