Compute the approximate annual interest cost of not taking a discount using the following scenarios. What conclusion can be drawn from the calculations?

Trade Credit Discount – Compute the approximate annual interest cost of not taking a discount using the following scenarios. What conclusion can be drawn from the calculations? a.) 2/5 net 30.b.) 2/10 net 30.c.) 2/15 net 30.d.) 2/20 net 30.