$\backslash$table$[[$Period$,$APR,$\backslash$table$[[$Compounding$],[$Per Year$]],\backslash$table$[[$Effective$],[$Annual$],[$Rate$]]],[$Monthly$,7\mathrm{.}5\%,12,]]$

What is the EAR?

$7\mathrm{.}19\%$

$7\mathrm{.}45\%$

$8\mathrm{.}88\%$

$7\mathrm{.}76\%$

$8\mathrm{.}34\%$