Maplewood Supply received a $5,270 invoice dated 4/15/10. The $5,270 included $270 freight. Terms were 3/10, 2/30, n/60. a. If Maplewood pays the invoice on April 27, what will it pay?
b. If Maplewood pays the invoice on May 21, what will it pay?

The invoice gets paid after 12 days, so mapplewood will get a 3% discount (3/30, 3% off if paid within 30 days). I assume that Freight doesn't get a discount,  so I subtract it from the invoice value:

$5250-$250 (freight)=$5000

Discounted invoice becomes:

$5000-3%*5000(discount)=$4850

Add the freight back to the new invoice:

$4850+$250=$5,100 if paid on April 27

B) the invoice gets paid after 36 days, so the invoice gets paid in full ( n/60; in other words, invoice paid in full if paid within 60 days, therefore $5,250)

Step-by-step explanation:

bru

step-by-step explanation: