When Credit Terms for a Sale Are 2/15,n/40,the Customer Saves

question 70

Multiple Choice

When credit terms for a sale are 2/15,n/40,the customer saves by paying early.What percent (rounded) would this savings amount to on an annual basis?

• A)18%.
• B)20%.
• C)30%.
• D)37%.

---

Definitions:

Indwelling Urinary Catheter

A medical device inserted into the bladder through the urethra, used for continuous urine drainage in individuals who cannot urinate independently.

Labia

The part of the female genitalia consisting of the labia majora and labia minora, which serve protective and sensory functions.

Female Genitalia

The external and internal reproductive organs and structures of the female body, including the vulva, vagina, uterus, fallopian tubes, and ovaries.

Mitral Valve Replacement

A surgical procedure to replace a damaged or diseased mitral valve in the heart, often due to mitral valve stenosis or regurgitation.