You are considering two ways of financing a spring break vacation. You could put it on your credit card, at 12% APR, compounded monthly, or borrow the money from your parents, who want an interest payment of 10% every six months. Which is the lower rate? (Note: Be careful not to round any intermodiate steps less than six. decimal places.) The effective annual rate for your credit card is Ye. (Round to two decimal places.) The offective annual rate for the loan from your parents is \%. (Round to two decimal places.) The option with the lower elfective annual rate is (Select from drop-down menu.)