using these fomulas

e) Soul Impressions shoe store received an invoice for $3,689.79 dated January 20, terms 5/10, 2/30, n/60, for a shipment of shoes. How much was paid on February 25 to reduce the unpaid balance to $1,235.89? a) Pottery Box received an invoice for $18,675.89 less 5%, 2% and 1% dated June 20 with terms 7/15, n/30. What is the amount due if the invoice is paid in full on June 30m? b) Wine Barrell received an invoice for $135,800.25 less 12% and 7% dated August 11" with terms 2/10 EOM. What is the amount due if the invoice is paid in full on September 15th? c) What total amount must be paid on May 4 to settle all three invoices dated April 204 for $715, April 24th for $935 and April 30th for $1,389.20? All invoices have the terms 3/10,n/30. Formulas: TDA - LP xd NP = LP - TDA NP = LP x (1 -d) (1 - dz) x (1 - da) ... (1 dn) SERD=1-[(1 - dt) x (1 - dz) x (1 - ds) ... (1 - dn)] Payment Amount Amount Credited= 1-d TDA LP = d TDA LP Payment Amount=Amount Credited x (1-0) NPF = (1 -d) NP = LP x NPF e) Soul Impressions shoe store received an invoice for $3,689.79 dated January 20, terms 5/10, 2/30, n/60, for a shipment of shoes. How much was paid on February 25 to reduce the unpaid balance to $1,235.89? a) Pottery Box received an invoice for $18,675.89 less 5%, 2% and 1% dated June 20 with terms 7/15, n/30. What is the amount due if the invoice is paid in full on June 30m? b) Wine Barrell received an invoice for $135,800.25 less 12% and 7% dated August 11" with terms 2/10 EOM. What is the amount due if the invoice is paid in full on September 15th? c) What total amount must be paid on May 4 to settle all three invoices dated April 204 for $715, April 24th for $935 and April 30th for $1,389.20? All invoices have the terms 3/10,n/30. Formulas: TDA - LP xd NP = LP - TDA NP = LP x (1 -d) (1 - dz) x (1 - da) ... (1 dn) SERD=1-[(1 - dt) x (1 - dz) x (1 - ds) ... (1 - dn)] Payment Amount Amount Credited= 1-d TDA LP = d TDA LP Payment Amount=Amount Credited x (1-0) NPF = (1 -d) NP = LP x NPF