Question

You receive an invoice for $565.00 with terms 3/10, net 30. If you pay it immediately, how much will you pay

Answer 1

565 x 3% = $16.95

$656 - $16.95 = $548.05

Answer 2

I will pay $548.05 if I receive an invoice for $565.00 with terms 3/10, net 30.

Step 1

$565 x 3% = $16.95

Step 2

$656 - $16.95 = $584.05

therefore the correct answer is $584.05

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