Regis Clothiers can borrow from its bank at 13 percent to take a cash discount. The terms of the cash discount are 220, net 50 a. Compute the cost of not taking the cash discount. Use a 360-day year. Do not round Intermediate calculations, Input your final answer as a percent rounded to 2 decimal places.) Cost of not taking a cash discount b. Should the firm borrow the funds Yes O NO