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  3. the credit term 2/10, n/30 means: select one: a. t

The credit term 2/10, n/30 means: Select one: a. That after 10 days 2% interest...

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Accounting

The credit term 2/10, n/30 means:

Select one:

a. That after 10 days 2% interest is charged.

b. That there is a 10% discount if payment is received within 30 days.

c. That there is a 2% discount if payment is received within 10 days, otherwise, full payment is due within 30 days.

d. There is a 10% discount if paid immediately and 2% if paid within 30 days.

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