You sign up for a student credit card at 19.9% interest and quickly use up the entire credit limit. You notice after paying only the minimum payment the first month that the interest charged on the balance is not I=PRT. You read the fine print and see that interest is compounded daily. In the first blank, state the name of the formula you will use to find out the rate you are truly paying on the account, and in the second blank, enter your answer using that formula as a percent rounded to one decimal place, but without the percent sign