Accounts recevable at Majong Food Berhad averaged RM50,000. The total amount of credit sold was RM500,000. Majong food factors its receivables by 3 percent discounting them. To put it another way, they were sold for 97 cents on the dollar. Calculate this source of short-term financing's annual percentage rate (APR). What is this source of short-term financing's effective annual rate (EAR? Select one: A APR 30,9%. EAR 35.6% O B. APR 29.9%. EAR 35.5% C. APR 31.9%, EAR 32.6% D. APR 20.9% EAR 34.6%