(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. 2/5, net 60 b. 4/15, net 45 c. 2/10, net 75 d. 4/15, net 45 a. When payment is made on the net due date, the APR of the credit terms of 2/5, net 60 is 1\%. (Round to two decimal places.) The EAR of the credit terms of 2/5, net 60 is \%. (Round to two decimal places.) b. When payment is made on the net due date, the APR of the credit terms of 4/15, net 45 is \%. (Round to two decimal places.)