Northern Outfitters' invoice to Rico's Menswear for $2,463.80 was dated October 22 with terms 2/10, n/30. Late payments are charged a 1% penalty on the overdue balance. Rico made payments of $1,000 on October 31 and $800 on November 20. What amount will pay off the balance on December 8?

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The Answer of Northern Outfitters' invoice to Rico's Menswear for $2,463.80 was dated October 22 with terms 2/10, n/30. Late payments are charged a 1% penalty on the overdue balance. Rico made payments of $1,000 on October 31 and $800 on November 20. What amount will pay off the balance on December 8?

Northern Outfitters' Invoice to Rico's Menswear for $2,463