You buy goods with a list price of $500.  You return goods that are defective, having a list price of $60.  You are entitled to a trade discount of 30%.  The seller paid $20 freight on your behalf and added the amount to the invoice.  You are offered a 4% cash discount if you pay the invoice within 15 days.  What is the net amount you should pay the supplier if you make payment within the discount period?

Q: Anna is buying ​$11,000 worth of rare coins as an investment. The dealer is charging her an annual…

A: NOTE: Refresh your page if you can't see any equations. . here we have P=11000 r=7.9%=0.079 t=36…

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A:

Q: Juan borrows a total of $117,500 to pay for medical school. He borrows part of the money from the…

A: The calculation are as follows

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A: Given that

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A: Here, Principal=48,000rate of interest=8%number of months=5

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A: According to the given question:The amount he finance = $500The annual percent rate (APR) =…

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A:

Q: You want to buy a $28,000 car. You can make a 10% down payment, and will finance the balance with a…

A: Amount = 28000 Down payment = 2800 Financed amount = P = 28000-2800 = 25200 r = 0.04/12 = 0.0033…

Q: O d. A partial payment

A: (d) A partial payment

Q: higher yield to maturity

A: Given: $1,000 face value bond, with a 5.0% coupon rate that sells for $900; Or a $1,000 face value…

Q: PMT is Maximum Monthly Payment = 3,504 i = 3% n = 30

A:

Q: You failed to pay service tax payment which due last March. If you were subjected to pay 800 as a…

A: penalty paid = 800 service tax = 20% unpaid amount = x

Q: Harrison has two options for buying a car. Option A is 1.3% APR financing over 60 months and Option…

A: Consider the provided question, First consider the option A: Price of car = $35,077 Amount saved by…

Q: White Mountain Supply Company purchases warehouse shelving for $23,400. Shipping charges were $350,…

A: Total cost of warehouse =$23,400+$350+$625=$24,375 a Annual Depreciation expense =Cost- Scrap…

Q: Ismail works in a construction company. He is paid OMR 9 per hour based on hourly rate, for 40 hours…

A: Thanks for the question :)And your upvote will be really appreciable ;) Correct option : (c)

Q: Joseph migrated to Canada from Ghana 5 years ago. He currently works in sales but is considering…

A: Use the formulae of the Present Value

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A: (a) Given that, the cost of the building is $982,000 and down payment 10%. Thus, the amount of down…

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A: According to the given situations the answers are following : PART 1 The GFI have a legitimate…

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A: The answer is attached below,

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A:

Q: Some trucks purchased by a U-Haul franchise should last 7 years. The purchase price was $183,000.…

A: Given that, the cost price = $5,000, the purchase price = $183,000  and salvage value = $23,000 .…

Q: You buy goods with a list price of $4,500 with terms of 6/15, n/45. If the supplier has a policy of…

A: In this question, it is given that on buying some goods and then making the payment within a period…

Q: and

A:

Q: ristan bought a $225,000.00 house, paying 10% down, and financing the rest at 3% interest for 15…

A: Given that  Tristan bought a $225,000.00 house, paying 10% down, and financing the rest at 3%…

Q: Olivia was planning to replace the old car of his father when it retires after four years with a…

A: Given: at t1 ,deposit (D1)=$ 10,000at t2 ,deposit (D2)=$ 10,000at t3 ,deposit (D3)=$ 10,000Rate of…

Q: A bond with face value $10,000 simple interest 6.45% and a term for 12 years is originally bought by…

A: Solution: Assuming Linda bought the bond on settlement date. Net profit for Linda = 11,400 + 645 +…

Q: You plan to purchase a house for $575,000

A: Given, you plan to purchase a house for $575,000 and you will make a 20% down payment. You are…

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A: Here’s the mathematical formula to calculate the EMIs payable every month: EMI = [P x R x (1+R)…

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A:

Q: The house that you want to buy is selling for P3,250,000. You need to put 3/20 of the selling price…

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Q: Vic bought a new plasma TV for ​$2400. He made a down payment of ​$200 and then financed the balance…

A:

Q: You need to borrow $17,000, and receive three credit offers that use simple interest: Lender A: 5…

A: Given  Borrowed amount =$17000 and Lender A: 5 years at 6% interest Lender B: 4 years at 5% interest…

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A:

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Q: . Isaiah's employer has a pension plan that pays 2.2% of the average of his highest three-year…

A: Given: three year salaries is 77500, 81000 and 81500 and worked for 15 years .

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A: Here in the table below we find the beginning balance, finance charges, new balance and minimum…

Q: Sam bought a house that costs $1,000,000. Sam got a 97% LTV loan. The lender demanded that Sam buy…

A: Given problem Given that   Sam bought a house that costs $ 1,000,000 . Sam got a 97% LTV loan. The…

Q: Suppose that you decide to buy a car for $54,000, including taxes and license fees. You saved…

A: It is given that, the price of the car is $54,000 and the down payment is $10,000. So, the loan…

Q: 000 for a down payment on a house in 8 years. She is investing her savings in a portfolio of…

A: Introduction: The formula of monthly payment for the amount P on interest rate r is given by,…

Q: Francella  is considering a loan of $15,000 at 12% interest paid monthly. She is undecided about…

A: Given:  Loan amount, P    = $15,000 Annual interest, R = 12% Term of loan, t     = a) 2 years…

Q: Easton has two options for buying a car. Option A is 2.1% APR financing over 72 months and Option B…

A:

Q: Rita wants to buy a lot which costs 1 million pesos. She plans to give a down payment of 20% of the…

A: Given that  Rita wants to buy a lot which costs 1 million pesos. She plans to give a down payment of…

Q: Suppose that you decide to buy a car for $56,000, including taxes and license fees. You saved…

A:

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A: If Ben leases the car than his total cost can be calculated as under: he will have to pay $600…

Q: Rose Garza's regular hourly wage rate is $12.00, and she receives a wage of 1½ times the regular…

A:

Q: Shawn and Oscar decide to share a house. Oscar purchases the house in his name but they will spilt…

A: Given that, Oscar bored $ 135675 at a fixed rate of 5.125% for 30 years.