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(Annual percentage yield​) Compute the cost of the following trade credit terms using the compounding​ formula,...

(Annual percentage yield​) 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. 4​/10​, net 30

b. 4​/15​, net 45

c. 4​/10​, net 60

d. 2​/10​, net 45

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