Ask a New Question

A company has a $150,000 invoice that is due in 60 days with a 2% discount if paid in 10. The company can invest the 2% or $3000 and earn 6% per year. What should the company do?

Ask a New Question or answer this question.

Similar Questions

Jones Manufacturing sent Blue Company an invoice for equipment with a list price of $10,000. The invoice is dated July 27 with
1. 1 answer
Company ABC offers a series discount of 20%,10% and 4% on a type of water filter while company XYZ offers a single discount of
1. 2 answers
The laundry bill is $33.80. If paid within 10 days,the company allows a 2.5% discount. Calculate the amount of the bill.
1. 4 answers
The laundry bill is $33.80. If paid within 10 days,the company allows a 2.5% discount. Calculate the amount of the bill.
1. 2 answers

more similar questions