24, JC Penny's is giving consumers the following choice. They can either receive a 5% discount on cash purchases or they can send a check to JC Penny within the next 28 days for the full cost of their purchases. So, if you purchase $1,000 worth of clothing today at JC Penny's, you can either pay $950 in cash today or you can send JC Penny's a check 28 days from now for $1,000 What Effective Annual Return would make you indifferent between paying for your purchases today and paying for your purchases in 28 days? 24a. The EAR is What Annual Percentage Rate (compounded every 28 days) would make you indifferent between paying for your purchases today and paying for your purchases in 28 days? 24b. The APR is