10. Erica Stone works in an accounts payable department. She has attempted to convince her boss to take the discount on the 3/10 net 65 credit terms most suppliers offer, but her boss argues that giving up the 3% discount is less costly than a short-term loan at 24%. Prove to whoever is wrong that the other is correct. Note: CD Cost of giving up cash discount 100%-CD Cost of giving up > Cost of Loan ---Take Cost of giving up