101eWOrR: Chapter 15 Homework Save Score: 0 of 1 pt 41 of 10(9 complete) Hw Score: 78.57%, 7.86 of 10 pts Problem 15-10 (similar to Question Holp Effective annual rate) Compute the cost of the following trade credit terms using the compounding formula, or effective annual rate. Note: Assume a 30-day month and 360-day year a. 3/5, net 30 b. 4/10, net 45 c. 4/15, net 75 d. 3/10, net 30 a. When payment is made on the net due date, the APR of the credit terms of 315, net 30 is 44.54% (Round to two decimal places.) The EAR ofthe credit terms of 3s, net 30 is %. (Round to two decimal places) Enter your answer in the answer box and then click Check Answer parts remaining Clear All Check