Under the credit policy followed by Cobb and Bonnies New Hampshire Ice Cream Company, retailers that buy ice cream on credit are given 3 months to pay their bills. To offer these terms and carry the accompanying accounts receivable, Cobb and Bonnies has to borrow money from its bank. The bank charges a 13.8% annual percentage rate (APR) of interest, with monthly compounding. What APR should Cobb and Bonnies charge the retailers if their goal is to cover the costs of providing this financing