2/15 Net 45 Translates as 2 Percent of the Balance

question 296

True/False

2/15 net 45 translates as 2 percent of the balance is due in 15 days; the remaining balance is due in 45 days.

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Definitions:

Indigenous Resurgence

The movements by indigenous peoples to reclaim and revitalize their cultural heritage, rights, and land sovereignty.

Southern Theory

Refers to social science perspectives emerging from the global South, offering insights and critiques not apparent from dominant Northern (Western) viewpoints.

American Southeast

A geographic region in the United States comprising states predominantly located in the southeastern part of the country.

Old Confederacy

Refers to the southern states of the USA that seceded from the Union and formed the Confederate States of America during the Civil War.