+ M Question 1- Assignment #6 (Ch X DZL Assignment # 6 (Chapter 8) - 231 X ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddl e-my.centennialcollege.ca x C Assignment #6 (Chapter 8) 1 12.5 points eBook Print References Chris Angle can borrow from its bank at 19 percent to take a cash discount. The terms of the cash discount are 1.5/14 net 50. a. Compute the cost of not taking the cash discount. (Use 365 days in a year. Round intermediate calculations to 4 decimal Round the final answer to 2 decimal places.) Cost of not taking a cash discount b. Should Chris borrow the funds? O No O Yes Saved %

Chris Angle can borrow from its bank at 19 percent to take a cash discount. The terms of the cash discount are 1.5/14 net 50 . 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? No Yes