1 page a/c rewrite; due in an hour

Determine the amount to be paid within the discount period for purchase with an invoice price
of $7,745, subject to credit terms of 2/10, n/30. Explain how you reached your answer.
$ ________

Rewrite this answer as approx./not more than 300 words:
Discount is calculated as per the credit terms. Here the amount to be paid within the discount period for purchase with an invoice price of $7,745, subject to credit terms of 2/10, n/30. This means that if the payment is done within 10 days then 2% discount will be given.

Hence discount= Discount % * Invoice price
=7745*2%
=$154.3
Hence Amount to be paid= Invoice price - Discount
=7745-154
=$759