Question

An invoice is dated January 24 with terms 2/10 – 20x. Find the final discount date and the net payment date. The net payment date is 20 days after the final discount date. The final discount date is 2/23. The net payment date is 3/?.

Answer 1

If the final discount date is 2/23, then the net date should be 3/15 or 3/16 respectfully depending if they are counting Feb 29