estion 11 An annual interest rate of 22% compounded quarterly. What is an effective annual rate? et yet swered Select one: arked out of 00 O a. 24.88% Flag Jestion O b. 23.88% O c. 22.88% O d. 23% Question 12 Tot yet answered ARAB Bank pays 0.06 percent, compounded weekly (based on 52 weeks), on an 8-month certificate of deposit. If you deposit $10000. what is the effective annual rate Marked out of 2.00 P Flag question what is the amount of interest paid to you in 8 months