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

Question 99

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 3 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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