Part 1

Credit terms of 2/10, net 30 mean that

you get a 10% discount if you pay within 2 days

you get a 10% discount if you pay within 30 days

you get a 2% discount if you pay within 30 days

you get a 2% discount if you pay within 10 days

Submit

Attempt 1/5 for 8.5 pts.

Part 2

Credit terms of 2/10, net 15 mean that customers have to pay within _____ days and get a _____.

15; 2% discount if they pay within 10 days

15; 2% discount if they pay within 2 days

10; 2% discount if they pay within 15 days

15; 10% discount if they pay within 2 days