Assume that if students buy more than $250 of art supplies inone visit they may

Assume that if students buy more than $250 of art supplies inone visit they may put the charge on a student account with termsof 2/10 EOM. If a student makes the purchase on September 16 onwhat day does the 2% discount expire? If the purchase is made onSeptember 26 on what day does the 2% discount expire? If you werean art student which method would you prefer: 2/10 n/30 or 2/10EOM? Please use excel and correlate excel formulas