3 P18-8 (similar to) E Question Help (Related to Checkpoint 18.2) (Calculating the cost of trade credit) Calculate the annualized cost of the trade credit terms of 1/15, net 75 when payment is made on the net due date (assume a 365-day year) The annualized cost of the trade credit terms of 1,15, net 75 ]% (Round to two decinal places) Enter your answer in the answer box and then click Check Answer Activate Window Check An All parts showing Clear A