ebook As a jewelry store manager, you want to offer credit with interest on outstanding balances paid monthly to carry receivables, you must borrow funds from your bank at a nominal 8 monthly compounding. To offset your overhead, you want to charge your customers an BAR (or Ers) that is 3% more than the bank is charging you. What APR rate should you charge your customers? Do not round Intermediate calculations. Round your answer to two decimal places