What does the term 3/10, n/30 mean?
A) 10% discount if paid within 3 days, payment due 30 days from invoice date
B) 30% discount if paid within 10 days, payment due 30 days from invoice date
C) Minimum payment of 3/10 of the balance due within 30 days from invoice date
D) 3% discount if paid within 10 days, payment due 30 days from invoice date

Question

Quizplus · Accepted Answer

3/10, n/30 means a 3% discount if paid within 10 days, payment due 30 days from the invoice date.

What Does the Term 3/10, N/30 Mean