2 Answers
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It would depend on when the invoice is paid.
If it’s paid within 10 days, there’s a 3% discount
11,283.45 x 3% = $338.50 discount
If it’s paid within 11 – 15 days, there’s a 2% discount.
11,283.45 x 2% = $225.67 discount
If it’s paid within 16 – 30 days, there is no discount
If it’s paid after 30 days, 5% APR is added to the bill
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11235.89