Veta Corporation purchased $14,650 in supplies from a vendor offering credit terms of 2/10,n/30.If Veta takes advantage of the discount,the amount paid to the vendor (rounded to the nearest dollar)will be:
A)$14,650
B)$14,621
C)$14,357
D)$13,185

Question

Quizplus · Accepted Answer

The discount is 2% of $14,650, which is $293. The amount paid after taking advantage of the discount is $14,650 - $293 = $14,357.

Veta Corporation Purchased $14,650 in Supplies from a Vendor Offering