Q1- Sunglow Company received an invoice for $151,750 dated November 8, 2017, with payment terms 3/5, 2/20, n/45 for a truck-load of goods. Calculate the amount required to settle the invoice on the following dates:

a. November 12, 2017

Round to the nearest cent

b. December 23, 2017

Round to the nearest cent

Q2) Skis are listed by a manufacturer for $900, less trade discounts of 30% and 18%. What further rate of discount should be given to bring the net price to $449?

% Round to two decimal places