Answered step by step
Verified Expert Solution
Question
1 Approved Answer
In credit terms of 3//15,n//45, the 3 represents the number of days when the entire amount is due number of days in the discount period
In credit terms of 3//15,n//45, the "3" represents the number of days when the entire amount is due number of days in the discount period full amount of the invoice percent of the cash discount
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started