Required information E6-5 (Algo) Evaluating the Annual Interest Rate Implicit in a Sales Discount with Discussion of Management Choice of Financing Strategy L06-1 [The following information applies to the questions displayed below.] Clark's Landscaping bills customers subject to terms 2/25, n/50. E6-5 Part 2 2. If his bank charges 16 percent interest, should the customer borrow from the bank so that he can take advantage of the discount? Should the customer borrow from the bank Required information E6-5 (Algo) Evaluating the Annual Interest Rate Implicit in a Sales Discount with Discussion of Management Choice of Financing Strategy L06-1 [The following information applies to the questions displayed below.] Clark's Landscaping bills customers subject to terms 2/25, n/50. E6-5 Part 2 2. If his bank charges 16 percent interest, should the customer borrow from the bank so that he can take advantage of the discount? Should the customer borrow from the bank