"2% 10, net 30" terms allow for a 2% discount if paid within 10 days. 98% of $8450 is $8281. But they better hand deliver it to make sure it's received within 10 days!
A Store Owner Buys Supplies From A Vendor For $8,450. The Terms Of Sale Are 2/10 , N/30. What Will Be The Net Amount Due If The Owner Pays The Bill By The 10th Day After He Receives The Supplies?
