The credit terms, 2/10, n/30 indicate that a:
A) ten percent discount can be deducted if the invoice is paid within two days following the date of sale.
B) two percent discount can be deducted for a period up to thirty days following the date of sale.
C) two percent discount can be deducted if the invoice is paid by the tenth day following the date of the sale.
D) two percent discount can be deducted if the invoice is paid after the tenth day following the sale, but before the thirtieth day.
Correct Answer:
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