34.50
"25 net 2nd prox" payment terms indicate that the buyer is required to pay the invoice amount within 25 days, but the payment is based on the second month following the invoice date. "Net" means the full invoice amount is due, with no discounts. Essentially, if an invoice is issued in January, the payment would be due by the end of February.
The payment terms "2 percent 15TH P 2ND MO-NET 16TH" indicate that a buyer can take a 2% discount on the invoice total if payment is made by the 15th of the second month following the invoice date. If the discount is not taken, the net amount is due by the 16th of that same month. Essentially, this means that the buyer has a specific window to receive a discount before the full payment is required.
Literal Answer: Ask the loaner what percent of the loan amount is required. The loaner decided what percentage you must pay as a down payment. If your question is asking "How do I compute the amount I must pay as a down payment on a loan?", then do the following: Sample problem: You ask a banker to loan you 5,000$ for a car. The banker agrees to give you a loan if you can pay a 20% down payment to the bank. To compute how much $ you will need to pay as a down payment, do the following: 1. Convert 20% into decimal form: 20 / 100 = .2 2. Multiple the loan amount by 20%: 5000$ * .2 = 1000$ You will need to pay a down payment of 1,000$ to the bank and sign some documents before the banker will issue you a loan. The bank will then pay 5000$ to the car seller on your behalf or give you a check that is payable to the car seller so that you can exchange the check for the car & keys to the car. You will owe the bank 4,000$ & most likely be required to make monthly payments to the bank until your debt is paid.
"Pay" means to exchange something (usually money) for something or for some debt owed (usually for a thing or a receipt of payment).Therefore, "2 not pay" means you did "not pay" or you were not required to pay.
Yes, payment is required in advance for the service.
It depends on what you want to say. The article "a" places the focus on the specific payment being made, usually in a series of payments: "I made a payment only yesterday!" "I make a payment only when I think of it". Without the article, the focus is more diffuse, more general, and may even imply full payment: "You should make payment immediately." "I made payment as soon as I received the invoice." As is often the case, though, there is no hard-and-fast rule about which should be used when ...
The minimum down payment required for a car purchase with a 50 down payment is 50 of the total cost of the car.
Payment is required on Release Of Goods
It depends on what you want to say. The article "a" places the focus on the specific payment being made, usually in a series of payments: "I made a payment only yesterday!" "I make a payment only when I think of it". Without the article, the focus is more diffuse, more general, and may even imply full payment: "You should make payment immediately." "I made payment as soon as I received the invoice." As is often the case, though, there is no hard-and-fast rule about which should be used when ...
No
A balloon payment may be required when you mortgage matures.
anonymously
General Order 77 issued April 28, 1865, stated that all soldiers in hospitals who required no further medical treatment be honorably discharged from service with immediate payment.
The minimum down payment required for a jumbo loan is typically around 10-20 of the home's purchase price.
The minimum down payment required for a mortgage with 5 down is 5 of the total purchase price of the home.
The required percentage for a down payment when purchasing a car typically ranges from 10 to 20 of the car's total price.