Calculate the discount period for the bank to wait to receive its money: (Use Days in a year table): Date of note April 12 Length of note 45 days Date note discounted May 02 Discount period days

Calculate the average daily balance (in $) for October for a revolving credit account with a previous month's balance of $130 and the following activity. (Round your answer to the nearest cent.) Date October 3 October 7 October 10 October 16 October 25 Activity = Cash advance Payment Purchase Credit Purchase average daily balance $158.29 Amount X $50.00 $75.00 $27.59 $20.00 $124.60

A $10,000 partial payment is made on a $35,621.06 invoice. The cash discount terms on the invoice are 6/20, n/45. If the partial payment is acceptable within the discount period, what is the remaining balance due on the invoice?

calculate the discount period for the bank to wait to receive its money: (use days in a year table): Date of note: March 18th Length of note: 40 days Date note discounted: April 9th Discount period: ?? days??