Trade credit discount. Compute the approximate annual interest cost of not taking a discount using the following scenarios. What conclusion can be drawn from the calculations? a. 1/15 net 20. b. 1/15...

Trade credit discount. Compute the approximate annual interest cost of not taking a discount using the following scenarios. What conclusion can be drawn from the calculations?

a. 1/15 net 20.

b. 1/15 net 30.

c. 1/15 net 40.

d. 1/15 net 50.

e. 1/15 net 60.

Trade credit discount. Compute the approximate annual interest cost of not taking a discount using the following scenarios. What conclusion can be drawn from the calculations?

a. 2/5 net 30.

b. 2/10 net 30.

c. 2/15 net 30.

d. 2/20 net 30.