An invoice with the terms "3/10 net 30" is summarized as
follows:
(1) "3/10" means that if the buyer of the service/goods pays
within 10 days (of the date of the invoice), the seller will give
them a 3% discount on the invoiced balance
(2) "net 30" means that the whole balance is due in no later
than 30 days (of the date of the invoice)