Cost to Forgo a discount What is the approximate annual cost to forego the cash discount of ? /10, net 30?after the first ten days? Approximate annual interest cost= %o discount X 365 days (100%-% discount (payment date discount period) 11-911-9 Cost to Forgo a Discount Approximate annual interest cost = % discount 365 days (100% - % discount) (payment date - discount period) What is the approximate annual cost to forego the cash discount of ?/10, net 30?after the first ten days? X