The credit term 2/10, n/30 means:

Select one:

a. That after 10 days 2% interest is charged.

b. That there is a 10% discount if payment is received within 30 days.

c. That there is a 2% discount if payment is received within 10 days, otherwise, full payment is due within 30 days.

d. There is a 10% discount if paid immediately and 2% if paid within 30 days.