(Effective annual rate) Compute the cost of the following trade credit terms using the compounding formula, or effective annual rate. Note: Assume a 30-day month and 360-day year a. 2/15, net 45 b. 4/10, net 30 c. 3/10, net 60 d. 4/10, net 50 % (Round to two decimal places.) a. When payment is made on the net due date, the APR of the credit terms of 2/15, net 45 is The EAR of the credit terms of 2015, net 45 is % (Round to two decimal places) b. When payment is made on the net due date, the APR of the credit forms of 4/10.net 30 is %. (Round to two decimal places.) The EAR of the credit terms of 4/10.net 30 is % (Round to two decimal places.) c. When payment is made on the net due date, the APR of the credit terms of 3/10, net 60 is 1% (Round to two decimal places) The EAR of the credit terms of 3/10, net 50 % (Round to two decimal places.) d. When payment is made on the net due date, the APR of the credit terms of 4/10, net 60 is % (Round to two decimal places) The EAR of the credit terms of 4/10, net 60 is %. (Round to two decimal places Enter your answer in each of the answer boxes