What is the effective annual interest rate $($EAR$)$ on an investment account with $25\%$ APR with quarterly compounding?

What is the effective annual interest rate $($EAR$)$ on an investment account with $25\%$ APR with quarterly compounding?

None are correct.

$27\mathrm{.}44\%$

$29\%$

$28\mathrm{.}07\%$

$26\mathrm{.}56\%$