A $10,000 credit supply has the following terms: trade terms are 5/5 net 50, interest rate 8%. What is the amount to pay
Posted: Mon Jan 17, 2022 8:07 am
A $10,000 credit supply has the following terms: trade terms are 5/5 net 50, interest rate 8%. What is the amount to pay if the buyer will take the discount and pay on the 5th day of the invoice?
A. -14.234
B. -14,250
C. -14.260
D. -14,230
A. -14.234
B. -14,250
C. -14.260
D. -14,230