Big Dom's Pawn Shop charges customers. Like all lenders, Big Dom must report an APR to consumers. an interest rate of 27.6 percent per month on loans to its a. What rate should the shop report? (Do not round intermediate calcualtions. Enter your answer as a percent rounded to 1 decimal place, e.g., 32.1.) b. What is the effective annual rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) APR EAR . b. %