P18-13 (similar to) i Question Help | * (Related to Checkpoint 18,2) (Evaluating trade credt discounts) If a firm buys on trade credi terms of 215, net 60 and decides to forgo the trade credit discount and pay on the net day, what is the annualized cost of forgoing the discount (assume a 365-day year)? The annualized cost of the tradecredi terms of 2/15 net 60 is % Round to two decimal places) Enter your answer in the answer box and then click Check Answer Activate Windo Check AnsHe All parts showing Clear All