Oscar'sTakeawayshastheopportunitytopurchasesuppliesoncredittermsof'net20daysfrominvoicedate;0.5%cashdiscountforpaymentswithin10days'.Calculatethecostofforegoingthediscount.IfOscar'sbankaccountiscurrentlyinoverdraftataninterestrateof15%,shouldOscar'stakeorforegothediscount?Selectoneormore:
A
18.34%; forego discount.
C
36.87%; forego discount.
