The Terms on an Invoice Are 1/10, Net 30

question 13

Multiple Choice

The terms on an invoice are 1/10, net 30. The amount is paid within two days of receiving the invoice. The total before the discount is $250. What is the discount amount?

• A) $1.50
• B) $2.50
• C) $7.50
• D) $25.50

---

Definitions:

Antioxidants

Substances that can prevent or slow damage to cells caused by free radicals, often found in foods and believed to be beneficial for health.

Population Variances

A measure of the dispersion of a population's data points from its mean.

Population Proportions

The fraction or percentage of a population that is characterized by a certain trait or attribute.

Sample Proportions

The ratio of members in a subset of a population to the total population, used in statistical analysis.