Solve for the Amount of Discount and Amount Due

question 71

Multiple Choice

Solve for the amount of discount and amount due.
-Invoice amt: $4,091
Invoice date: July 7
Terms:
Date paid: July 27

• A)Amount of discount: $409.10; amount due: $3,681.90
• B)Amount of discount: $0; amount due: $4,091
• C)Amount of discount: $40.91; amount due: $4,050.09
• D)Amount of discount: $122.73; amount due: $3,968.27