2. You are considering two ways of financing a spring break vacation. You could put it on your credit card, at 13% APR, compounded monthly, or borrow the money from your parents, who want an interest payment of 6% every six months. Which is the lower rate?(Note: Be careful not to round any intermediate steps less than six decimal places.) The effective annual rate for your credit card is ___%? The effective annual rate borrowing the money from your parents is ___%?(Round to two decimal places.)