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(Annual percentage yield) 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. 2/10, net 60 b. 3/15, net 45 c. 2/10, net 60 d. 4/10, net 60 a. When payment is made on the net due date, the APR of the credit terms of 2/10, net 60 is [%. (Round to two decimal places.)