Sutton Trucking Made Two Equal Payments, on June 25 and July

question 19

Short Answer

Sutton Trucking made two equal payments, on June 25 and July 15, on an invoice for $6,350 dated June 15 with terms 3/10, 1/30, n/60. The payments reduced the balance owed on the invoice to $1,043.33. What was the amount of each payment?

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Definitions:

Edward Darley Boit

Highlighted as the subject of John Singer Sargent’s painting "The Daughters of Edward Darley Boit," which portrays Boit’s daughters in their Paris apartment.

Vermeer

Johannes Vermeer was a Dutch painter of the 17th century, celebrated for his masterful use of light and color, and known for intimate domestic scenes.

Honoré Daumier

A French printmaker, caricaturist, painter, and sculptor known for his social and political commentary in the 19th century.

Satirical Artist

An artist who uses humor, irony, exaggeration, or ridicule to criticize or expose faults in society, politics, or human behavior.