Question 13 (1 point) A credit card has an annual percentage rate (APR) of 12.9 percent and charges interest monthly. The effective annual rate (EAR) on this account: 1) is 12.9 percent. 2) can either be greater than or equal to 12.9 percent. 3) will be less than 12.9 percent. 4) will be greater than 12.9 percent. 5) can either be less than or equal to 12.9 percent