Calculate the effective annual interest rate for each of the following: A credit card that charges 1.75% interest per month. b) A 6\% residential mortgage where interest is compounded semi-annually. c) First National Bank offers a 1-year Investment Certificate that pays 10% compounded annually. Second National Bank offers a 1-year Investment Certificate compounded semi-annually. What are the stated (nominal APR) and effective EAR rates that Second National Bank would have to offer to make its investment return the same as that of the First National Bank