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3 8 points Credit terms of 2 / 1 0 , n / 3 0 imply that the seller offers the purchaser a 2 %

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Credit terms of 2/10, n/30 imply that the seller offers the purchaser a 2% cash discount if the amount is pald within 10 days of the invoice date. Otherwise, the fil amount is due in 30 days.

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