When Goods Are Sold to a Customer with Credit Terms

Multiple Choice

When goods are sold to a customer with credit terms of 2/15,n/30,the customer will:

A) receive a 15% discount if they pay within 2 days.
B) receive a 2% discount if they pay 15% of the amount due within 30 days.
C) receive a 15% discount if they pay within 30 days.
D) receive a 2% discount if they pay within 15 days.