Question 10
Points: 1
Solve for the amount of discount and amount due.

Invoice amt: $502.45
Invoice date: Nov 10
Terms: 2/13 ROG
Goods received: Dec 4
Date paid: Jan 10

A.
Amount of discount: $0; amount due: $502.45
B.
Amount of discount: $65.32; amount due: $437.13
C.
Amount of discount: $10.05; amount due: $492.40
D.
Amount of discount: $9.85; amount due: $491.45

The invoice includes the terms "2/13 ROG," which means a 2% discount is available if payment is made within 13 days of the Receipt of Goods (ROG). Here’s how we solve for the discount and amount due:

### Step 1: Identify the date of goods receipt and payment
- Goods were received on **Dec 4**.
- Payment was made on **Jan 10**.

### Step 2: Calculate the discount period
- The discount period is 13 days from the date the goods were received, which means the last date to pay and receive the discount is **Dec 17** (Dec 4 + 13 days).

### Step 3: Check if payment was made within the discount period
- Since the payment was made on **Jan 10**, it was **not** within the 13-day discount period (the payment is past the deadline of Dec 17). Therefore, **no discount applies**.

### Step 4: Final calculation
- The **amount of discount** is $0, since the payment was not made in time.
- The **amount due** remains the full invoice amount, which is **$502.45**.

### Answer:
- **Option A**: Amount of discount: $0; amount due: $502.45.

Would you like further details or have any questions?

Here are 5 questions to consider:
1. What does the term "2/13 ROG" mean in terms of discount eligibility?
2. How is the discount period calculated based on the receipt of goods?
3. What happens if payment is made after the discount period?
4. Could partial payments within the discount period still earn a discount?
5. How would the calculation change if the payment was made on time?

**Tip:** Always check the terms of an invoice carefully, especially for "ROG" or similar terms, as they can affect when discounts apply.

Solve for the amount of discount and amount due.

Invoice amt: $502.45
Invoice date: Nov 10
Terms: 2/13 ROG
Goods received: Dec 4
Date paid: Jan 10

A.
Amount of discount: $0; amount due: $502.45
B.
Amount of discount: $65.32; amount due: $437.13
C.
Amount of discount: $10.05; amount due: $492.40
D.
Amount of discount: $9.85; amount due: $491.45

Solve a real-world problem involving discount calculation for an invoice with 2/13 ROG terms. The invoice amount is $502.45, but payment was made late. Learn why the discount does not apply and understand the steps involved. Suitable for Grades 9-12.

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