You receive a credit card application from the bank offering a rate of 18.2%, compounded monthly. A competing credit card company offers you a rate of 18.3%, compounded quarterly. The local credit union offers a credit card with a rate of 19.2%, compounded annually. Which credit card is offering you the best rate? O The bank and credit union are offering the same rate. There is no way to tell which is offering the best rate without more information. O The competing credit card company. The credit union. O The bank