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    The Term "3/10, Net 30" Means That a 3 Percent
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The Term "3/10, Net 30" Means That a 3 Percent

Question 202

Question 202

True/False

The term "3/10, net 30" means that a 3 percent discount off the face value of the invoice is allowed if the invoice is paid within 10 days, and that otherwise the full face value is due within 30 days.

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