Kendall is the new owner of a catering company. She receives the invoice for a new walk-in refrigerator, which mentions "2/10, n/30." Which of the following statements accurately explains this?
A. She can get a 10 percent discount if she pays within two days of receiving the bill; otherwise, it is due at the end of the month.
B. She can get a 10 percent discount if she pays within two days of receiving the bill; she will have to pay a 10 percent penalty if it is not paid within 30 days.
C. She can get a 30 percent discount if she pays within two days of receiving the bill, or she can get a 10 percent discount if she pays by the end of the month.
D. She can get a 2 percent discount if she pays within ten days of the invoice date; otherwise, the full amount is due in 30 days.
E. She can get a 20 percent discount if she pays within ten days of receiving the bill; otherwise, it is due at the end of the month.
Answer: D
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Answer the following statement true (T) or false (F)
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