xyz-corp-purchases-goods-worth-5000-with-terms-415-net-60-if-they-pay-within-the

Question

XYZ Corp purchases goods worth $5,000 with terms '4/15 NET 60.' If they pay within the discount period, what is the amount they actually pay?

Accepted Answer

$4,800

Answer

$5,000

Answer

$5,200

Answer

$4,900

XYZ Corp purchases goods worth \$5,000 with terms '4/15 NET 60.' If they pay within the discount period, what is the amount they actually pay?