If the Prompt Payment Discount Is Foregone, Which of the Following

Multiple Choice

If the prompt payment discount is foregone, which of the following credit terms implies the customer is borrowing at a rate that is less than 20% (assume 365 days per year) ?

A) 2/10, net 30
B) 1.5/10, net 30
C) 1/10, net 20
D) 3/20, net 75
E) All of the above imply borrowing at 20% or more.