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Question 8 (2 points) The credit terms 3/15, 1/30 are interpreted as: 3% cash discount if the amount is paid within 15 days, or the

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Question 8 (2 points) The credit terms 3/15, 1/30 are interpreted as: 3% cash discount if the amount is paid within 15 days, or the balance due in 30 days. 2% cash discount if the amount is paid within 10 days, or the balance due in 30 days. 3% discount if paid within 30 days. 30% discount if paid within 3 days

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