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Business, 31.10.2019 06:31 claudialopez093

Sarah and luke each purchased $125 of merchandise from owens grocers on account. the terms of both sales were 1/7, n/30. accounts that are not paid within 30 days are subject to a 2% monthly interest charge. if sarah paid in 3 days and luke paid in 36 days, what would be the difference in the merchandise company’s records on the date the customers paid in full?

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Sarah and luke each purchased $125 of merchandise from owens grocers on account. the terms of both s...
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