Cost of Trade Credit Calculate the nominal annual cost of trade credit under each of the following terms. Assume a 365-day yeat. Do not round intermediate calculations. Round your answers to two decimal places. a. 1/15, net 25 . % b. 2/10, net 60 . % c. 3/10, net 55 . d. 2/10, net 55 . e. 2/15, net 45 . %