The star camera center ordered a special lens from one of their suppliers. This lens is listed at 600 dollars with trade discounts of 20% and 5%. An invoice dated November 14 with terms 8/10, 4/20, n/30 EOM was enclosed with the lens when it was delivered to the Star Camera Centre on November 17. Determine for the Star Camera Centre the size of the partial payment they must make to their supplier on December 10 in order to reduce the unpaid balance to 200 dollars.
how do you do this question? This is what I have so far:
CP = 600 (1-8)(1-20)(1-5)
CP = 600 (0.92)(0.8)(0.95)
CP = 600 (0.6992)
CP = 419.52