Assuming a purchase of $100 of products, what is the implicit interest rate in the credit terms of 2/15, net 50?

		23.45%
		45.00%
		27.86%
		43.35%
		35.00%

Assuming a purchase of $100 of products, what is the implicit interest rate in the credit terms of 1/2, net 60?

		1.00%
		2.00%
		0.50%
		6.53%
		Greater than 25%.