Calculate the APR and rEAR of non$-$free trade credit associated with credit terms of $2/15,$ net $55,$ and $1\mathrm{.}5/25,$ net $55,$ assuming that customers who do not take the discount

pay on the last due date. Assume there are $360$ days in a year. Do not round intermediate calculations. Round your answers to two decimal places.

Credit terms of

$2/15,$ net $551\mathrm{.}5/25,$ net $55$

APR

$\%$

$\%$

rEAR

$\%$

$\%$

delay payment until $10$ days after the last due date. Assume there are $360$ days in a year. Do not round intermediate calculations. Round your answers to two decimal places.

Credit terms of

$2/15,$ net $551\mathrm{.}5/25,$ net $55$

APR

$\%$

$\%$

rEAR

$\%$

$\%$