The Terms of an Invoice Are 3/10,n/25

Multiple Choice

The terms of an invoice are 3/10,n/25.This means that a ________ of the invoice date.

A) discount of 10 percent is allowed if the invoice is paid within three days after the invoice date
B) discount of 3 percent is allowed if the invoice is paid within 10 days after the invoice date
C) discount of 25 percent is allowed if the invoice is paid within 10 days after the invoice date
D) discount of 3 percent is allowed if the invoice is paid after 25 days after the invoice date