(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. 4/15, net 45 b. 3/10, net 30 c. 4/15, net 75 d. 3/10, net 45 a. 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.)