Vour reat purchasing power is (Pound to two decimal places) An ontine bank is offering to pay 0.30% interest per month on deposits. Your local bank oflers to pay 0.65% interest cuartecly (overy 3 monchs). Which is the higher interest rate? (Nate: Be careful no to round any intermadiate stops inss than stix decimat places? The EAR for the calne banik is K. (Round to two decimal places.) The EAR for the focat bank is 4. (Round to two decimal places) The ofer of is highec. (Select from the drop-down menu.)