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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

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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. 2/5, net 60 b. 4/10, net 30 c. 2/15, net 60 d. 4/10, net 30 a. When payment is made on the net due date, the APR of the credit terms of 2/5, net 60 ls %. (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 4/10, net 30 is []% (Round to two decimal places.) The EAR of the credit terms of 4/10, net 30 is % (Round to two decimal places.) c. When payment is made on the net due date, the APR of the credit terms of 2/15, net 60 is % (Round to two decimal places.) The EAR of the credit terms of 2/15, net 60 is % (Round to two decimal places.) d. When payment is made on the net due date, the APR of the credit terms of 4/10, net 30 is %. (Round to two decimal places.) The EAR of the credit terms of 4/10, net 30 is 5%. (Round to two decimal places.)

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