An Invoice for $60,000 Dated March 15 with Terms 3/10

question 173

Multiple Choice

An invoice for $60,000 dated March 15 with terms 3/10, 2/20, n/30 is received in the mail on March 17. The company sent a cheque on March 26 for $40,000. What is their outstanding balance?

• A) $20,000.00
• B) $18,762.89
• C) $19,200.00
• D) $18,800.00
• E) $19.183.67

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