An Invoice for $8,000 Dated September 1 with Terms 2/10

question 9

Multiple Choice

An invoice for $8,000 dated September 1 with terms 2/10, 1½/20, n/30 is received in the mail on September 3. The company sent a cheque on September 12 for $2,500. How much is credited to their account?

• A) $2,462.50
• B) $2,500
• C) $2,551.02
• D) $2,537.50
• E) $2,450

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