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

question 17

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.In an attempt to attract new business customers, the wholesale hardware store offered terms of 2.5/40, net 60. On July 10, a building contractor purchased materials costing $611.25, which included a $50 freight charge. On August 2, the contractor returned materials costing $143.25.
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