You are trying to purchase a condo and are looking at various options to finance the purchase.Your two best options are Option I a loan at $13\mathrm{.}25\%($APR$)$ interest compounded semi$-$annually. Or a $11\mathrm{.}75\%($APR$)$ interest loan compunded daily. Evaluate each loan structure and determine the Effecte Annual Rate $($EAR$)$ of each loan to determine what is the better deal.