Cost of giving up cash discounts Determine the cost of giving up cash discounts under each of the following terms of sale.

(Note:

Assume a 365-day year.)

a.

2/10 net 30.

b.1/10 net 30

c.1/10 net 45

d.3/10 net 90

e.1/10 net 60

f.3/10 net 30

g.4/10 net 180

Question content area bottom

Part 1

a. The cost of giving up the cash discount is

enter your response here%.

(Round to two decimal places.)