1. Ned’s Sheds purchases building materials from Timbertown Lumber for $3,700 with terms of 4/15, n/30. The invoice is dated October 17. Ned’s decides to send in a $2,000 partial payment. By what date must the partial payment be sent to take advantage of the cash discount?

Question

Considering the scenario from the previous question, if partial payment was sent by the discount date, what is the balance still due on the order?

please answer the question in detail so I can see where the answer came from. Thank you

Answer 1

1,700

Answer 2

i dont understand