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(Effective annual ruto) Compute the cost of the following trade credit torms using the compounding formula, or effective annual rate. Note: Assume a 30-day month

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(Effective annual ruto) Compute the cost of the following trade credit torms using the compounding formula, or effective annual rate. Note: Assume a 30-day month and 360-day year. a. 3/15, net 30 b. 2/10, net 45 c. 4/10, net 75 d. 2/10, not 45 a. When payment is made on the net due date, the APR of the credit terms of 3/15, net 30 is 0% (Round to two decimal places.) The EAR of the credit terms of 3/15, net 30 is % (Round to two decimal places.) b. When payment is made on the net due date, the APR of the credit terms of 2/10, net 45 is % (Round to two decimal places.) The EAR of the credit terms of 2/10, net 45 is%. (Round to two decimal places) c. When payment is made on the net due date, the APR of the credit terms of 4/10, net 75 is % (Round to two decimal places. The EAR of the credit terms of 4/10, net 75 18 % (Round to two decimal places.) d. When payment is made on the net due date, the APR of the credit terms of 2/10, net 45 is % (Round to two decimal places.) The EAR of the credit terms of 2/10, net 45 is % (Round to two decimal places.)

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