Chris Angle can borrow from its bank at 18 percent to take a cash discount. The terms of the cash discount are 2.5/10 net 75 . 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? Yes No