• 2022-06-16
    Which
    one of the following statements is correct if you purchase an item
    with credit terms of 2/5, net 15?()
    A: If
    you pay within two days, you will receive a 5 percent discount.
    B: If
    you pay within 2 to 5 days, you will receive a 15 percent discount.
    C: If
    you do not pay within 5 days, you will be charged interest at a 15
    percent annual
    rate.
    D: If
    you pay within 5 days, you will receive a 2 percent discount.
    E: You
    must pay the discounted amount within 15 days.