Question: 3 Chris Angle can borrow from its bank at 18 percent to take a cash discount. The terms of the cash discount are 2.5/0 net

3 Chris Angle can borrow from its bank at 18 percent to take a cash discount. The terms of the cash discount are 2.5/0 net 75. a. Compute the cost of not taking the cash discount (Use 365 days in a year. Round intermediate calculations to 4 decimal places. Round the final answer to 2 decimal places.) Cost of not taking a cash discount b. Should Chris borrow the funds? 96 10 points eBook Print O No o Yes References

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