Given an Annual Percentage Rate (APR) of 0.064 with semi-annual compounding, the equivalent interest rate for a year is ____. Instruction: Type your answer as a decimal, and round to three places. E.g., if your answer is 0.0106465 or 1.06465%, should type ONLY the number .011, not 0.0106465, 0.0106, nor 1.06%. Otherwise, Blackboard will treat it as a wrong