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. 1/5 net 30. b. 1/10...

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. 1/5 net 30.

b. 1/10 net 30.

c. 1/15 net 30.

d. 1/20 net 30.

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 30.

b. 2/15 net 30.

c. 3/15 net 30.

d. 4/15 net 30