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

question 96

Multiple Choice

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

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

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