Bob sold goods for $500 to a charge customer. The customer returned for credit $35 worth of goods. Terms of the sale were 2/10, n/30. If the customer pays the amount owed within the discount period, what is the amount the customer should pay? (Round your calculations to the nearest whole dollar.)

Question

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The customer owes $500 - $35 = $465. With a 2% discount for paying within 10 days, the discount is $465 * 0.02 = $9.30. Therefore, the amount to pay is $465 - $9.30 = $455.70, which rounds to $456.

Bob Sold Goods for $500 to a Charge Customer