Setting up Shipping costs - help/clarification

"w/Another Item field" represents the cost to ship an additional item. It can also contain "(for example) 3.00/5 where 3.00 would only be added after every 5th additional item"

Does that mean that if, for example, I put single shipping 1.25 then 0.50/10, it means that it will cost 1.25 for shipping 1 item and also 1.25 for shipping 10 items, but 11 items will cost 1.75 (1.25 +0.50)
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