An Invoice for $20,000 Dated March 15 with Terms 3/10

question 38

Multiple Choice

An invoice for $20,000 dated March 15 with terms 3/10, 2/20, n/30 is received in the mail on March 17^th. A payment of $10,000 is made on March 26. How much is credited to the account?

• A) $10,200
• B) $10,150
• C) $9,800
• D) $9,850
• E) $10,000

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Definitions:

Age At First Reproduction

The age at which an organism successfully produces offspring for the first time, an important life-history trait affecting fitness and evolution.

Offspring Number

The total count of new organisms produced or born to parent organisms within a given time frame.

Male Pipefishes

Members of the Syngnathidae family, unique for their role in childbearing, as males carry and nourish embryos in a specialized pouch.

Optimal Investment

The most efficient allocation of resources or capital to achieve the highest possible return or benefit, considering the level of risk involved.