Analysis Component: Assume that the buyer, Wilson Purchasing, borrowed enough cash to pay the balance on the last day of the discount annual interest rate of 3% and paid it back on the last day of the credit period. Calculate how much the buyer saved Analysis Component: strategy. (Use a 365 -day year. Round intermediate calculations and finol answer to 2 decimol ploces.) Aequired; Journal entry worksheet Record the purchose of merchandise on credit; terms 2/10,n/90. Mote: Enter debits bu-fore creditz