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