(APR vs. EAIR) A recent notice from your credit card company included the following statement:

Annual Percentage Rate for Cash Advances:
Your annual percentage rate for cash advances is the U.S. Prime Rate plus 14.99%, but such cash advance rate will never be lower than 19.99%. As of August 1, 2014, this cash advance ANNUAL PERCENTAGE RATE is 19.99%, which corresponds to a daily periodic rate of 0.0548%. A daily periodic rate is the applicable annual percentage rate divided by 365.
As of August 1, 2014, what is the effective annual interest rate (EAIR)
charged by the credit card on cash advances?