P18-13 (similar to) Question Help to Checkpoint 18.2) (Evaluating trade credit discounts) If a firm buys on trade credit terms of 2/15, 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 trade credit 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 Window Fnal Check All parts showing Clear All