Let the following interest rate 14.20% be considered a nominal interest rate In your responses below, provide two decimal places (with proper rounding) and do NOT include the percent (%) sign. For example, to provide the response "two and one quarter percent," you would enter 2.25 (and not 2.25% or 0.0225). Given the nominal rate above, what is the effective interest rate when the compounding is: semiannual? quarterly? monthly?