$6)$ Jason$$s Birdfeed needs to borrow $$1$ million for one year. It is considering several possible options for a loan with a $8\%$ interest rate. What is the effective rate for each of the following loans:

a$.$ It has a compensating balance of $10\%.$

b$.$ No compensating balance, but the loan is discounted.

c$.$ It is repaid on a monthly installment basis.

d$.$ It has a compensating balance of $5\%$ and is discounted.