Can someone confirm if this appears correct?

First National Bank charges 14.5 percent compounded monthly on its business loans. First United Bank charges 14.8 percent compounded semiannually.

Calculate the EAR for First National Bank and First United Bank.(Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

	EAR
First National	15.5%
First United	15.35%

As a potential borrower, to which bank would you go for a new loan?

First National Bank

First United Bank - Go With