An invoice dated May 12, terms: 5/10, n/30 for $3000.00 was received by Bruce Distributors.
a) What is the last day of the discount period?
b) What is the amount due if the invoice is paid on June 5?
c) What is the amount due if the invoice is paid on May 20?

Question

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The Answer of An invoice dated May 12, terms: 5/10, n/30 for $3000.00 was received by Bruce Distributors.
a) What is the last day of the discount period?
b) What is the amount due if the invoice is paid on June 5?
c) What is the amount due if the invoice is paid on May 20?

An Invoice Dated May 12, Terms: 5/10, N/30 for $3000