(CHAPTERS 4-5-8-9) A company would like to borrow money at the stated annual interest rate (or APR) of 12%, compounded quarterly. - In general, the the interest compounding frequency within a year, the lower the effective annual rate. - In this example, the effective annual interest rate is %. Notice one drop-down menu per digit! Your answer should be in percent, not in decimals. Round your final answer to two decimal places. For example, if you got 10.34 percent, then in the drop-down menus select "1" "0" "3" "4". - In this example, the effective two-year interest rate is \%. See notes above. (Assume exactly 4 quarters in one year.)