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This Question: 1 pt (Effective annual rate) Compute the cost of the following trade credit terms using the compounding formula, or effective annual rate. Note:

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This Question: 1 pt (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. 3/5, net 60 b.3/15, net 30 c. 4110, not 75 d. 3/10, net 30 a. When payment is made on pe net due date, the APR of the credit terms of 35, net 60 is % (Round to two decimal places.) The EAR of the credin terms of 35, netos % (Round to two decimal places.) b. When payment is made on the net due date, the APR of the credit terms of $15, net 30 18 % (Round to two decimal places) The EAR of the credit terms of 3/16, net 30 is I (Round to two decimal places) . When payment is made on the net die die, the APR of the credit term of 4/10, net 75 % Round to two decimal places) The EA of the credit terms of 4/10, net 75% (Round to two decimal places) d. When payment is made on the net due date, the APR of the credit terms of 3/10, net 30 is % (Round to two decimal places) The EAR of the credit forms of 110, net 30 18 % (Round to two decimal places.)

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