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Compute the cost of not taking the following cash discounts. (Use a 360-day year. Do not round intermediate calculations. Input your final answers as a

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Compute the cost of not taking the following cash discounts. (Use a 360-day year. Do not round intermediate calculations. Input your final answers as a percent rounded to 2 decimal places.) Cost of Lost Discount a. 2/15, net 45 b. 2/16, net 45 c. 4/18, net 65 d. 4/17, net 155 Mary Ott is going to borrow $7,300 for 90 days and pay $221 interest. What is the effective rate of interest if the loan is discounted? (Use a 360-day year. Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Effective rate on a discounted loan

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