Given an invoice with the terms: 5/15 net 30 for $3000. What would be the cost of missing the deadline? Otherwise known as the interest expense. no cost - just pay balance $450.00 $3000 $150.00

Given an invoice with the terms: 5/15 net 30 for $3000. What would be the cost of missing the deadline? Otherwise known as the interest expense. no cost - just pay balance $450.00 $3000 $150.00