Josh took out a loan for

$7600

that charges an annual interest rate of

9.2%

, compounded quarterly. Answer each part. If necessary, refer to the

list of financial formulas

.

(a)	Find the amount owed after one year, assuming no payments are made. Do not round any intermediate computations, and round your answer to the nearest cent.
		$
(b)	Find the effective annual interest rate, expressed as a percentage. Do not round any intermediate computations, and round your answer to the nearest hundredth of a percent.
		%