Answer the following questions assuming a 360-day year. Required: a. Calculate the approximate annual rate of return on investment of the following cash discount terms: b. Which of these terms, if any, is not likely to be a significant incentive to the customer to pay promptly? Complete this question by entering your answers in the tabs below. Required A Required B Calculate the approximate annual rate of return on investment of the following cash discount terms: Note: Do not round intermediate calculations. Enter your answers as a percentage rounded to 1 decimal place (ie., 32.1). 1. 3/15, net 301 2.6/10, net 60 3. 1/10, net 90. ROI % % % Required B>