First National Bank charges $12\mathrm{.}9$ percent compounded monthly on its business loans. First United Bank charges $13\mathrm{.}2$ percent

compounded semiannually. Calculate the EAR for First National Bank and First United Bank.

Note: Do not round intermediate calculations and enter your answers as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$