$365$ days for a year.$)$

The cost of forgoing the discount is $\%.($Round to one decimal place.$)$

Should Simple Simon's enter the loan agreement with the bank and begin taking the discount? $($Select the best choice below.$)$

A$.$ Simple Simon's should enter into the loan agreement with the bank and begin taking the discount.

B$.$ Simple Simon's should enter into the loan agreement but not begin taking the discount.

C$.$ Need more information to answer the question.

D$.$ Simple Simon's should not enter into the loan agreement but should begin taking the discount.