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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

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
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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

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