An Invoice for an Amount of $600 for Merchandise Purchased

question 13

Multiple Choice

An invoice for an amount of $600 for merchandise purchased is showing 2/15, n/30 as terms of credit. If the invoice is paid on or before the fifteenth day, the amount to be paid is:

• A)$588.
• B)$600.
• C)$612.
• D)$615.

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Definitions:

Stored Items

Objects or information kept or filed away for future use or reference.

Short-term Memory

Short-term memory refers to the capacity for holding a small amount of information in an active, readily available state for a short period of time.

Working Memory

The memory subsystem that we use when we try to understand information, remember it, or use it to solve a problem or communicate with someone.

Tertiary Memory

A term sometimes used to describe long-term storage of information that is not in active use but can be accessed when required.