An Invoice for $45,000 Dated March 15 with Terms 3/10

question 29

Multiple Choice

An invoice for $45,000 dated March 15 with terms 3/10, 2/20, n/30, ROG was received in the mail on March 18. The shipment of goods was received on April 3. A payment of $30,000 was made on April 14. What is the outstanding balance?

• A) $14,400.00
• B) $14,100.00
• C) $15,000.00
• D) $14,072.16
• E) $14,387.76

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Definitions:

Insomnia

A sleep disorder characterized by difficulty falling or staying asleep.

Activation-Synthesis Theory

A hypothesis in neuroscience that dreams are caused by the brain trying to make sense of random neural activity that occurs during sleep.

Cognitive Development

The process through which individuals acquire and progress in their ability to think, reason, and understand complex concepts over time.

Suprachiasmatic Nucleus

A region of the brain in the hypothalamus responsible for controlling circadian rhythms.