Chris Angle can borrow from its bank at $17$ percent to take a cash discount. The terms of the cash discount are $1\mathrm{.}5/10$ net $45.$

a$.$ Compute the cost of not taking the cash discount. $($Use $365$ days in a year. Round intermediate calculations to $4$ decimal places. Round the final answer to $2$ decimal places.$)$

Cost of not taking a cash discount

$\%$

b$.$ Should Chris borrow the funds?

multiple choice

Yes

No