With terms of 2/10, n/30:

Name: With terms of 2/10, n/30:
Brand: Quizplus
Rating: 4.7 (44 reviews)

Question

Quizplus · Accepted Answer

The credit period refers to the amount of time a customer has to pay their invoice without incurring any penalties or fees.

In this case, the credit period is 30 days from the date of the invoice.

The terms “2/10” mean that the customer can receive a 2% discount if they pay their invoice within 10 days.

The “n/30” means that the full amount is due within 30 days of the invoice date, regardless of whether a discount is taken or not.

With Terms of 2/10, N/30