Problem 8-1 Cash discount decision [LO8-1] 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.3/14, net 65%

b.3/23, net 45%

c.4/11, net 55%

d.4/18, net 145%