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VIII. Terms of Sale: Order of Discounts (5 Points): Remember: - Order of Discounts: TD QD (CD + ANT) - Be sure to pay attention

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VIII. Terms of Sale: Order of Discounts (5 Points): Remember: - Order of Discounts: TD QD (CD + ANT) - Be sure to pay attention to the days (discount \& net) within the terms! 21. To prepare for the annual Iron Bowl, the AU Bookstore purchased 2,500 sweatshirts that were specially designed for gameday. Use the following information to answer the questions below: - The vendor shipped and invoiced the sweatshirts on November 5. - The sweatshirts cost $18 each. - The trade discounts provided were 40% and 5%. - A 3% quantity discount was provided for ordering morethan 2,000 sweatshirts. - Terms were negotiated to be 5/20 EOM. - Anticipation was granted at an annual interest rate of 6%. A. What is the STD applied to this purchase? (1 Point) B. What is the SQD applied to this purchase? (1 Point) C. What is the Number of ANT Days? (1 Point) D. What is the \$ANT? (1 Point) E. What is the amount due if paid on December 13? (1 Point)

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