The Terms on an Invoice Dated January 3 Are 2/10

question 3

Multiple Choice

The terms on an invoice dated January 3 are 2/10, net 30. The invoice total is $2,000. What amount of discount can be taken if the invoice is paid on January 16?

• A) $40
• B) $60
• C) none
• D) $200

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Definitions:

Alcohol

A psychoactive substance commonly found in beverages like beer, wine, and spirits, which can lead to addiction and various health issues when consumed in excess.

Relapse Prevention

A strategy or program designed to help individuals maintain recovery from substance use or other addictive behaviors by identifying and managing relapse triggers.

Non-abusing Parent

An individual in a family who does not engage in substance abuse or harmful behaviors towards their children.

Negative Effects

Detrimental impacts or outcomes that arise from a particular action, condition, or substance, affecting one's health, well-being, or environment.