eBook Calculate the APR and rEAR of non-free trade credit associated with credit terms of 3/20, net 80, and 2.5/25, net 70, assuming that customers who do not take the discount a. 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. APR TEAR Credit terms of APR TEAR 3/20, net 80 % % 3/20, net 80 2.5/25, net 70 b. delay payment until 15 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 % % % 2.5/25, net 70 % % %