Dream Big Pillow Co. pays 65% of its purchases in the month of purchase, 30% the month after the purchase, and 5% in the second month following the purchase. It made the following purchases at the end...


Dream Big Pillow Co. pays 65% of its purchases in the month of purchase, 30%<br>the month after the purchase, and 5% in the second month following the<br>purchase. It made the following purchases at the end of 2017 and the beginning<br>of 2018:<br>Dream Big Pillow Co. purchase data<br>December<br>Month<br>January 2018 February 2018 March 2018<br>2017<br>Purchases<br>$31,908<br>$36,096<br>$33,603<br>$32,410<br>Calculate the payments made in February. Round to the nearest penny, two<br>decimal places.<br>

Extracted text: Dream Big Pillow Co. pays 65% of its purchases in the month of purchase, 30% the month after the purchase, and 5% in the second month following the purchase. It made the following purchases at the end of 2017 and the beginning of 2018: Dream Big Pillow Co. purchase data December Month January 2018 February 2018 March 2018 2017 Purchases $31,908 $36,096 $33,603 $32,410 Calculate the payments made in February. Round to the nearest penny, two decimal places.

Jun 11, 2022
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