Green Moose Industries buys most of its raw materials from a single supplier. This supplier sells to Green Moose on terms of 3.5/10, net 45.

The cost per period of the trade credit extended to Green Moose, rounded to two decimal places, is _________________ .

Green Mooses trade credit has a nominal annual cost of ______________ , assuming a 365-day year. (Note: Round all intermediate calculations to four decimal places, and your final answer to two decimal places.)

The effective annual rate (EAR) of the suppliers trade credit is_______________ .

If Green Moose Industriess supplier shortens its discount period to five days, this will _________________ the cost of the trade credit.