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Credit terms 2/10, net 30 means a discount of 2% is granted if payments are done within 10 days, net 30 days available a discount

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Credit terms 2/10, net 30 means a discount of 2% is granted if payments are done within 10 days, net 30 days available a discount of 10% is granted if payments are done within 30 days a discount of 10% is granted if payments are done within 2 days, net 30 days available a discount of 2% is granted if payments are done within 30 days, beyond which a 10% interest is charged

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