A Company Is Offering a Discount with Terms 3/15 Net

question 9

Multiple Choice

A company is offering a discount with terms 3/15 net 40.What is the discount rate associated with this offer?

• A) 3%
• B) 15%
• C) 40%
• D) 20%
• E) 5%

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Definitions:

Column Proportion

The ratio of the number of observations in a given category to the total number of observations in all categories for a specific column.

SAS Proficiency

The level of expertise or skill in using the SAS (Statistical Analysis System) software for data management, advanced analytics, and business intelligence.

Difficult To Learn

Describes a subject or skill that may require considerable effort, practice, or study to acquire proficiency in.

Column Proportion

A statistical measure representing the percentage of total entries in a particular column of a table or dataset.