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You have started a contract job for a large company in another state. The total payment you negotiated for this contract is $26,500. The company has agreed to pay you 25% upfront per the contracted agreement. How much will the company owe you after this first payment comes through?

Respuesta :

we have:

25% advance payment, this is:

[tex]26500\times\frac{25}{100}=\frac{662500}{100}=6625[/tex]

therefore, after first payment:

[tex]26500-6625=19875[/tex]

answer: the company owe you after this first payment comes through $19,875

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