Compute the cost of the following trade credit terms using the compounding formula, or effective annual rate. 4/15, net 45 3/10, net 30 3/10, net 60 4/15, net 45 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.) The EAR of the credit terms of 4/15, net 45 is %. (Round to two decimal places.) When payment is made on the net due date, the APR of the credit terms of 3/10, net 30 is %. (Round to two decimal places.) The EAR of the credit terms of 3/10, net 30 is %. (Round to two decimal places.) When payment is made on the net due date, the APR of the credit terms of 3/10, net 60 is %. (Round to two decimal places.) The EAR of the credit terms of 3/10, net 60 is %. (Round to two decimal places.) 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.)