Susan Company received an invoice for $77,000.00 that had payment terms of 2/5 n/30. If it made a partial payment of $17,700.00 during the discount period, calculate the balance of the invoice. Round to the nearest cent

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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Susan Company received an invoice for $77,000.00 that had payment terms of 2/5 n/30. If it made a partial payment of $17,700.00 during the discount period, calculate the balance of the invoice.

Round to the nearest cent

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