Ask Question
MathematicsMathematics
15 December, 20:45

Vail Ski Shop received a $1,201 invoice dated July 8 with 2/10, 1/15, n/60 terms. On July 22, Vail sent a $485 partial payment. (If more than one discount, assume date of last discount) a. What credit should Vail receive? (Round your answer to the nearest cent.) Credit $ b. What is Vail's outstanding balance? (Round your answer to the nearest cent.) Outstanding balance $

+4
Answers (1)
  1. 15 December, 23:15
    0
    A)

    100%-1%=99%=0.99

    485/0.99=489.9

    489.9 is the amount of payment to be credited

    B)

    1,201-489.9=711.1 is the balance outstanding
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Vail Ski Shop received a $1,201 invoice dated July 8 with 2/10, 1/15, n/60 terms. On July 22, Vail sent a $485 partial payment. (If more ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
U = y / xk solve for x
Answers (2)
What is the product? (negative 3 s + 2 t) (4 s minus t)
Answers (1)
Jill had three full pans of brownies each pan made 10 brownies she gave 3/8 of the brownies to her friends how many brownies did Jill giveaway
Answers (2)
A football team gains 8 yards in one play (8), then loses 5 yards in the next (-5). What is the teams total yardage for the two plays?
Answers (1)
A movie rental company charges a $50 annual fee, then $2 for each movie you rent. what is the average cost per movie if you rent 25 movies in a year
Answers (2)
New Questions in Mathematics
Find the radius of a circle that has this measurement. d=2.25cm
Answers (1)
Lisa finds a hat that this already marked down. the price tag shows that the original price was $36.00. the marked down price is 27.00. what percent has the hat been marked down? explain
Answers (1)
Find the multiplier that corresponds to a 10% increase
Answers (2)
What's the algebraic expression of "15 less than a number squared"?
Answers (1)
Nathaniel can't remember exactly how many cupcakes Haley and Virgil made for the Halloween party but he did remember that all together Haley and Virgil and he had made 156 cupcakes he also remembered that he and Haley and made 110 and he and Virgil
Answers (1)
Home » Mathematics » Vail Ski Shop received a $1,201 invoice dated July 8 with 2/10, 1/15, n/60 terms. On July 22, Vail sent a $485 partial payment. (If more than one discount, assume date of last discount) a.
Sign Up Forgot Password?