TB MC Qu$.05-90($Static$)$ The credit terms...

The credit terms $\frac{2}{10},\frac{n}{30}$ are interpreted as:

Multiple Choice

$30\%$ discount if paid within $10$ days.

$2\%$ cash discount if the amount is paid within $10$ days, or the full balance due in $30$ days.

$30\%$ discount if paid within $2$ days.

$2\%$ discount if paid within $30$ days.

$10\%$ cash discount if the amount is paid within $2$ days, or the full balance due in $30$ days.