Affleck Inc.$\text{'}$s business is booming, and it needs to raise more capital. The company purchases supplies on terms of $3/10,$ net $40,$ and it currently takes the discount. One way of acquiring the needed funds would be to forgo the discount, and the firm's owner believes she could delay payment to $55$ days without adverse effects. What would be the effective annual percentage cost of funds raised by this action? $($Assume a $365-$day year.$)$

a$.26\mathrm{.}22\%$

b$.28\mathrm{.}03\%$

c$.18\mathrm{.}65\%$

d$.27\mathrm{.}04\%$

e$.25\mathrm{.}09\%$