Examlex
The following calculator screenshots show the scatterplot and the correlation coefficient between car weight and car length for a sample of 2009 model year cars. The relationship between "car length" and "car weight" can be described as
Due Date
The final day an invoice is to be paid. After that day the buyer may be charged interest. Also, the date by which a loan is to be repaid.
Remittance
Amount that a buyer actually pays after deducting a cash discount.
Discount Period
A certain number of days after the invoice date, during which a buyer may receive a cash discount. The time between a note’s discount date and its maturity date.
Trade Discount
A reduction in price given by a seller to a buyer, usually based on the quantity purchased or agreed upon terms, not reflected in the invoice amount.
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