A buyer invoice has 2/5 net 40 ROG. HE made payment on the 10th day. Which of these best describes his payment trem? A,3% discount because he made payment within 7 day?

No, the buyer invoice states 2/5 net 40 ROG, which means the buyer is eligible for a 2% discount if payment is made within 5 days, with the full amount due within 40 days. Since the payment was made on the 10th day, the buyer did not qualify for the discount and would need to pay the full amount within 40 days.

B.2% discount because he made payment within 10 days of reciept