The following invoice was received for 30 shrubs at $3.50 each and 10 raspberry plants at $1.50 each. Terms 4/10, 1/30, n/60. If the invoice was dated May 20 and it was paid on May 30 what was the amount of the payment?

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The total cost of the shrubs and raspberry plants is calculated as follows: (30 shrubs * $3.50 each) + (10 raspberry plants * $1.50 each) = $105 + $15 = $120. The terms 4/10, 1/30, n/60 mean that a 4% discount is available if paid within 10 days. Since the invoice was paid on May 30, 10 days after the invoice date of May 20, the payment qualifies for the 4% discount. Therefore, the amount paid is 96% of $120, which is $120 * 0.96 = $115.20.

The Following Invoice Was Received for 30 Shrubs at $3