Kendra Is the New Owner of a Catering Company

Multiple Choice

Kendra is the new owner of a catering company. She got an invoice for a new walk-in refrigerator in the mail which contained the phrase "2/10, n/30." How would you explain this to her?

A) It means she can earn a ten percent discount if she pays within two days of receiving the bill; otherwise it is due at the end of the month.
B) It means she can earn a twenty percent discount if she pays within ten days of receiving the bill; otherwise it is due at the end of the month.
C) It means she can earn a two percent discount if she pays within ten days of the invoice date; otherwise the full amount is due in thirty days.
D) It means she can earn a thirty percent discount if she pays within two days of receiving the bill, or a ten percent discount if she pays by the end of the month.
E) It means she can earn a ten percent discount if she pays within two days of receiving the bill; she will pay a ten percent penalty if it is not paid within thirty days.