2. A financial company, AAA Inc. wants to earn an effective annual rate of 9% on its loan. If the interest is compounded monthly, what APR monthly compounding must AAA charge? Another company BBB Inc. changes 8.8% APR quarterly compounded for its loan. You are looking to take a loan and you only have 2 choices, either AAA or BBB. Which one will you choose and why? Give me the solution in calculator (BA II plus) approach and Formula approach.