An Invoice for $5,000 Dated September 1 with Terms 2/10

question 59

Multiple Choice

An invoice for $5,000 dated September 1 with terms 2/10, 1½/20, n/30 is received in the mail on September 3^rd. A payment of $2,000 is made on September 12^th. How much is credited to the account?

• A) $2,030
• B) $2,000
• C) $2,040
• D) $1,970
• E) $1,930.60

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Definitions:

HI

Hydroiodic acid, a diatomic molecule consisting of one hydrogen atom and one iodine atom, known for being a strong acid.

K

The chemical symbol for Potassium, a soft, silvery-white metallic element that is highly reactive with water.

pH

A scale used to specify the acidity or basicity of an aqueous solution, with values ranging from 0 (very acidic) to 14 (very basic).

HA

Often used as an abbreviation for Hyaluronic Acid, a substance found in the human body known for its benefits in skincare and joint health.