Max Beauty Supply has ordered $5,000 worth of merchandise from Kelly's Beauty Supply, Inc. The invoice to Max has discount terms of 2/10, net/30. Max writes a check within ten days for

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Max is eligible for a 2% discount if they pay within ten days of the invoice date. 2% of $5,000 is $100, so Max can receive a discount of $100 if they pay within ten days. Therefore, Max's payment will be $5,000 - $100 = $4,900.

Max Beauty Supply Has Ordered $5,000 Worth of Merchandise from Kelly's