Find the Discount Date, the Due Date, and the Complement

question 29

Short Answer

Find the discount date, the due date, and the complement rate. Use the complement method to find the remittance if the required remittance is paid within the discount period.Connie Chu bought some new office equipment from a dealer who offered a cash discount of 1.5/30, net 45. The invoice was dated July 20, totaled $2,652.40 and included $86 for freight.
​

---

Definitions:

Terranes

Pieces of the Earth's crust that have distinct geological histories and have been merged onto a continent along a plate boundary.

Accretionary Prism

A wedge-shaped mass of sediment and rock scraped off the top of a downgoing tectonic plate at a convergent plate boundary.

Displaced Granitic Rocks

Granitic rocks that have been moved from their original position by geological forces, often resulting in altered landscapes.

Continents

Large landmasses on Earth's surface, distinguished by convention rather than any strict criteria, typically identified by geographical and cultural factors.