Ex Question 3, P 5-5 (simila... > Part 1 of 3 HW Score: 2.86%, 1 of 35 points O Points: 0 of 1 Save rt An online bank is offering to pay 0.25% interest per month on deposits. Your local bank offers to pay 0.65% interest quarterly (every 3 months). Which is the higher interest rate? The EAR for the online bank is %. (Round to four decimal places.) Siva 12,6 Effe [= n= As t In th 2 tim Hen Pls c Comm ice wi st neede