A firm currently offers terms of sale of 4/19, net 38. What effect will the following actions have on the implicit interest rate char customers that pass up the cash discount? State whether the implicit interest rate will increase or decrease (Do not round Intermediate calculations. Round your answers to 2 decimal places) a. The terms are changed to 5.5/19, net 38 Tepliest interest rate elle est rate [Click to wlect) b. The terms are changed to 4/29.net 38 the plicit text te flick seed The terms are changed to 4/9, net 29. A firm currently offers terms of sale of 4/19, net 38. What effect will the following actions have on the implicit interest rate char customers that pass up the cash discount? State whether the implicit interest rate will increase or decrease (Do not round Intermediate calculations. Round your answers to 2 decimal places) a. The terms are changed to 5.5/19, net 38 Tepliest interest rate elle est rate [Click to wlect) b. The terms are changed to 4/29.net 38 the plicit text te flick seed The terms are changed to 4/9, net 29