10 points Question 5 Save Answer Armin's wonderful parents established a college savings plan for him when he was born. They deposited $74 into the account on the last day of each month. The account has earned 10.6% compounded monthly, tax-free. How much can they withdraw on his 18th birthday to spend on his education? Round to two decimal places (Ex. 500.00) Question 7 You have applied for a new credit card with an APR or 11.58%. If interest is charged monthly, what is the card's EAR? Submit your answer as a percentage and round to two decimal places (Ex. 0.00%)