A certain bank is offering a special deal where it will pay 7.56% interest compounded daily (assume 365 days per year). What is the effective annual rate the bank is offering? (Please enter your answer as a whole number to two decimal places. i.e. 2.25, not 0.0225) 2.07 7.85 margin of error +/-0.02

A certain bank is offering a special deal where it will pay 7.56% interest compounded daily (assume 365 days per year). What is the effective annual rate the bank is offering? (Please enter your answer as a whole number to two decimal places, i.e. 2.25 , not 0.0225 )