What is the last day you can make a payment to take advantage of a 4/10 discount on an invoice due on November 14th?

To take advantage of a 4/10 discount on an invoice that is due on November 14th, it is essential to understand what the discount terms mean. The notation "4/10" typically indicates that a 4% discount is available if the payment is made within 10 days of the invoice date.

If the invoice is due on November 14th and we assume the invoice date is also November 14th, the payment must be made by November 24th to qualify for the discount.

Counting ten days from November 14th provides the following timeline:

• November 15th (Day 1)

• November 16th (Day 2)

• November 17th (Day 3)

• November 18th (Day 4)

• November 19th (Day 5)

• November 20th (Day 6)

• November 21st (Day 7)

• November 22nd (Day 8)

• November 23rd (Day 9)

• November 24th (Day 10)

Therefore, the last day to take advantage of the 4% discount is indeed November 24th. This aligns with the interpretation of the payment terms, emphasizing the need