If the payment terms for a customer's invoice totaling $10,500 are 10/10 net 30, it means the customer can take a 10% discount if they pay within 10 days. If they do not take advantage of the discount, the full amount is due within 30 days. Essentially, the customer has an incentive to pay early to save money.
This is called as cash discount or settlement discountIn your question this means that a 10% discount is available if the payment is made withing 10 days from the invoice date otherwise the whole amount 10500 is to be paid within 30 days from the invoice date.
This is called as cash discount or settlement discountIn your question this means that a 10% discount is available if the payment is made withing 10 days from the invoice date otherwise the whole amount 10500 is to be paid within 30 days from the invoice date.
This is called as cash discount or settlement discountIn your question this means that a 10% discount is available if the payment is made withing 10 days from the invoice date otherwise the whole amount 10500 is to be paid within 30 days from the invoice date.
This is called as cash discount or settlement discountIn your question this means that a 10% discount is available if the payment is made withing 10 days from the invoice date otherwise the whole amount 10500 is to be paid within 30 days from the invoice date.
20% of 10500= 20% * 10500= 0.2 * 10500= 2,100
7.6% of 10500= 7.6% x 10500= 0.076 x 10500= 798
22% of 10,500= 22% * 10500= 0.22 * 10500= 2,310
5% of 10,500 = 5% * 10500 = 0.05 * 10500 = 525
19% of 10,500 = 19% * 10500 = 0.19 * 10500 = 1,995
38% of 10,500 = 38% * 10500 = 0.38 * 10500 = 3,990
10500 is good. You could try 10500. or 10500.0 but the latter implies a level of accuracy that may not be justified.
There are about 2.91666 hours in 10500 seconds.