If an Organization Purchases $3,000 of Supplies on Account, with Terms

Multiple Choice

If an organization purchases $3,000 of supplies on account, with terms of 2/10, n30:

A) $2,880 must be paid within 10 days of the invoice date.
B) $2,994 must be paid within 30 days of the invoice date.
C) $2,940 can be paid within 10 days of the invoice date, or $3,000 must be paid within 30 days of the invoice date.
D) $2,940 can be paid within 10 days of the invoice date, or $3,060 must be paid within 30 days of the invoice date.