C D2L HW Assignment 4 (Ch20) - FIN34 x Question 3 - HW Assignment 4 ( X + https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducatic HW Assignment 4 (Ch20) i Saved 3 A firm offers terms of 1.6/10, net 60. 5 a. What effective annual interest rate does the firm earn when a customer does not take points the discount? (Use 365 days a year. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Skipped b. What effective annual interest rate does the firm earn if the terms are changed to 2.6/10. net 60, and the customer does not take the discount? (Use 365 days a year. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) e Book c. What effective annual interest rate does the firm earn if the terms are changed to 1.6/10, net 75, and the customer does not take the discount? (Use 365 days a year. Hint Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Print d. What effective annual interest rate does the firm earn if the terms are changed to References 1.6/15, net 60, and the customer does not take the discount? (Use 365 days a year. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) % a. Effective annual rate b. Effective annual rate c. Effective annual rate % d, Effective annual rate