What Payment Must Be Made on April 5 on an Invoice

question 53

Short Answer

What payment must be made on April 5 on an invoice for $2,250, dated March 16 with terms 2/10, 1/20, n/30 in order to reduce the outstanding balance to $1,500?

---

Definitions:

Status

A social or professional position, condition, or standing of a person or thing.

Historical Pattern

The recurring or consistent sequence of events or behaviors over a period in history.

Analgesics

Medications designed to reduce or eliminate pain without causing loss of consciousness.

Morphine

A powerful analgesic drug derived from opium, used to relieve severe pain.