Solve for the Amount of Discount and Amount Due

question 56

Multiple Choice

Solve for the amount of discount and amount due.
-Invoice amt: $38.71
Invoice date: May 15
Terms: , net 30
Date paid: May 24

• A)Amount of discount: $0.77; amount due: $37.94
• B)Amount of discount: $7.74; amount due: $30.97
• C)Amount of discount: $3.87; amount due: $34.84
• D)Amount of discount: $0; amount due: $38.71

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Definitions:

Fixed Displacement

Describes hydraulic pumps or motors that provide a constant flow rate regardless of pressure changes.

Cam-Actuated

Mechanisms that are driven or moved by a cam, a rotating or sliding piece in a mechanical linkage used to provide variable motion.

Radial Piston Pump

A type of hydraulic pump where pistons are arranged radially around a central axis, used for high pressure and precise control applications.

Common-Rail

A diesel engine fuel injection system where the fuel is supplied to the injectors from a high-pressure accumulator common for all cylinders.