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 ________.

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