Early payment discount versus loan Joanne Germanoworks in an accounts payatie department of a major retaike. 5 he has attempled to conrince har boss to take the discount on the 2/15 net 30 crodi terms most suppliers olter, but her boss argues that giving up the 2% discount is less costly than a shoet term loan at 11%. Prove to whoerer is wrong that the oether is correct. (Note: Assume a 365-day yesc) The cost of giving up the cash discount is 16. (Round to two decimal places.) Who is right in this case? (Select the best answer below.) Joanne's boss Joanne