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On march 11, jangles corporation received a $20,000 invoice dated march 8. cash discount terms were 4/10, n/30. on march 15, jangles sent an $8,000 partial payment. a. what credit should jangles receive?
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On march 11, jangles corporation received a $20,000 invoice dated march 8. cash discount terms were 4/10, n/30. on march 15, jangles sent an $8,000 partial payment.

a. what credit should jangles receive? (round your answer to the nearest cent.)

User Yedidyah
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1 Answer

6 votes
PW = FW*(1+i)^-N

thats all I know here... maybe it helps?

I'd like to know the answer to this question!
User Flix
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