The Terms of an Invoice Are 3/10,n/25

question 124

Multiple Choice

The terms of an invoice are 3/10,n/25.This means that a ________.

• A)discount of 10 percent is allowed if the invoice is paid within three days
• B)discount of 3 percent is allowed if the invoice is paid within 10 days
• C)discount of 25 percent is allowed if the invoice is paid within 10 days
• D)discount of 3 percent is allowed if the invoice is paid after 25 days