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A customer has 45 days from the date of invoice to pay a bill in full, but if he pays within 15 days of the
A customer has 45 days from the date of invoice to pay a bill in full, but if he pays within 15 days of the invoice, he gets a 10% discount. Which of the following describes these terms of trade?
A. 15/10, net 45
B. 10/45, net 15
C. 15/45, net 10
D. 10/15, net 45
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