The amount of credit that should be received when a partial payment is made is calculated by dividing the partial payment by the complement of the discount.

Question

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This is the correct formula for calculating the credit received when a partial payment is made with a discount. The complement of the discount is 1 minus the discount percentage. By dividing the partial payment by the complement of the discount, you can determine the remaining amount owed after the discount has been applied.

The Amount of Credit That Should Be Received When a Partial