Score: 0 of 1 pt 19 of 20 (0 complete) HW Score: 0%, 0 of 20 pt P 20-18 (similar to) Question Help The Rasputin Browery is considering using a public warehouse loan as part of its short term financing The firm will require a loan of $500,000 Interest on the man will be 104% (APR, annual compounding) to be paid at the end of the year The Warehouse charges 0.90% of the face value of the loan, payable at the beginning of the your What is the effective annual rate (EAR) of this warehousing arrangement? The effective annual rate is %. (Round to two decimal places)