what is a good response to the following post made by a classmate?1. Credit terms 1/15, n/30, date paid April 14th: A 1% discount is available if paid within 15 days; otherwise, the net amount is due in 30 days. Since the payment is made on April 14th, it's within the 15-day discount period. Discount: 1% of $75,000 = $750. Amount paid: $75,000 - $750 = $74,250. 2. Credit terms n/30, date paid April 28th: Here, no discount is offered and the net amount is due in 30 days. The payment is made within this period. Amount paid: $75,000. 3. Credit terms 2/10, n/30, date paid April 8th: A 2% discount is available if paid within 10 days; otherwise, the net amount is due in 30 days. Since the payment is made on April 8th, it's within the 10-day discount period. Discount: 2% of $75,000 = $1,500. Amount paid: $75,000 - $1,500 = $73,500. 4. Credit terms 1/10, n/30, date paid April 15th: A 1% discount is available if paid within 10 days; otherwise, the net amount is due in 30 days. Since the payment is made on April 15th, it's outside the 10-day discount period. No discount applies. Amount