100 pts. will mark brainliest.

susan duke photography orders customized business forms. calculate the cash discount and the net amount paid for the $800 order of business forms with sales terms of 3/10, 1/15, n/30 if the cost of shipping was $40 (which is included in the $800.) the invoice was dated june 13, marked freight prepay and add, and paid june 24.

round your answer to the nearest cent and include the dollar sign.

(a) what is the cash discount?

(b) what is the net amount paid?

(a) What is the Cash Discount?  

The Invoice was June 13th and was paid on the 24th. This means it was paid 11 days after the invoice date, so you would need to use 1/15, which means a 1% discount is paid within 15 days.  

The shipping cost wouldn’t be included in the discount, so subtract shipping from total: 800 -40 = 760

1% for the discount, means you pay 0.99 on every dollar

760 x 0.99 = $752.40

The discount would be 760 - 752.40 = $7.60

(b) What is the net amount paid?

Amount paid would be discounted total plus shipping:

752.40 + 40 = $792.40

answer: ok

step-by-step explanation: