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

[ammanda]

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"]

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

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

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

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[/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]

 

[Wilmer]

Your problem is somewhat obscure.
Anyway, go here:
Using the dating method, calculate...

https://www.physicsforums.com/threads/inflation-rate-and-discount-rate.1002211/