MHB How Do You Calculate the Discount Date Using the Dating Method?

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The discussion revolves around calculating the discount date and net date using the dating method for a given invoice date and terms of sale. The specific example provided is an invoice dated April 6 with terms of 2/10, EOM. Participants are encouraged to break down the calculations for clarity. The net date is established as 20 days after the discount date, which is a key aspect of the dating method. The thread seeks assistance in understanding these calculations more thoroughly.
ammanda
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hello everyone i have two math problems that i can not seem to get. is there anybody who could help me? I would appreciate it being broke down pleas and thank you.

Question 1:
Using the dating method, calculate the discount date and the net date. Unless otherwise specified, the net date is 20 days after the discount date:​
Do not abbreviate the names of the months.

[TD="align: left"]Date of Invoice[/TD]
[TD="width: 150, align: left"]Terms of Sale[/TD]
[TD="width: 150, align: left"]Discount Date[/TD]
[TD="width: 150, align: left"]Net Date[/TD]

[TD="width: 150, align: left"]
[/TD]
[TD="width: 150, align: left"]
[/TD]
[TD="width: 150, align: left"]
[/TD]
[TD="width: 150, align: left"]
[/TD]

[TD="width: 150, align: left"]April 6[/TD]
[TD="width: 150, align: left"]2/10, EOM[/TD]
[TD="width: 150, align: left"] [/TD]
[TD="width: 150, align: left"]

[/TD]
 
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