A bank offers 8.00% on savings accounts. What is the effective annual rate if interest is compounded daily? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434%, % sign required. Will accept decimal format rounded to 6 decimal places (ex: 0.092434)) A bank offers 10.00% on savings accounts. What is the effective annual rate if interest is compounded continuously? Submit Answer format: Percentage Round to: 4 decimal places (Example: 9.2434 % % sign required Will accept decimal format rounded to 6 decimal places (ex 0.092434)) Assume a bank offers an effective annual rate of 5.11%. If compounding is quarterly what is the APR? Submit Answer format: Percentage Round to 4 decimal places (Example: 9.2434% % sign required Will accept decimal format rounded to 6 decimal places (ex 0.092434))