McEwan Industries sells on terms of 3/10, net 30. Total sales for the year are $942,000; 40% of the customers pay on the 10th day and take discounts, while the other 60% pay, on average, 76 days after their purchases. Assume 365 days in year for your calculations.

What is the percentage cost of trade credit to customers who do not take the discount and pay in 76 days? If your answer is zero, enter zero. Do not round intermediate calculations. Round your answers to two decimal places.
Nominal cost:
%
Effective cost:
%