Phillip Upton receives a $2,450.00 invoice with credit terms of 3 / 20, 1 / 30, N / 40. A 5 3 / 4% penalty is charged for a late payment. If the invoice is dated May 18 and paid June 27, the amount due is $2,590.88.

Name: Phillip Upton receives a $2,450.00 invoice with credit terms of 3 / 20, 1 / 30, N / 40. A 5 3 / 4% penalty is charged for a late payment. If the invoice is dated May 18 and paid June 27, the amount due is $2,590.88.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

The Answer is False

Phillip Upton Receives a $2,450