Tom created a certificate of deposit account with $45,000 six years ago. The current account balance is $60,000. What is the IPY of this certificate of deposit? 5.12% 4.88% 4.91% 5.92 Question 5 2 pts Wells Fargo gives you an offer of $450,000 at a mortgage rate 5.5\%, compounded quarterly. Citi Bank "offers you a loan of $550,000 as well, the mortgage rate is 5%, compounded monthly. please calculate the difference of the EAR charged by these two banks