$5\mathrm{.}5$ The Effective Annual Interest Rate

Simon Huntley is the CFO of Sidewalk Investors. He is negotiating investing contracts with several new entrepreneurs. Which of the following quoted interest rates is written in a way that will provide Simon the easiest way to compare his investing opportunities?

Investor $3$ quoted him an interest rate of $11\mathrm{.}25\%$ APR, compounded monthly.

Investor $2$ quoted him an interest rate of $1\mathrm{.}48\%$ monthly over the next $5$ years.

Investor $4$ quoted him a simple quarterly interest rate of $4\mathrm{.}19\%.$

Investor $1$ quoted him an interest rate of $12\mathrm{.}37\%$ EAR, compounded daily.