Partners Bank offers to lend you $33,000 at a nominal rate of 10.0%, simple interest, with interest paid quarterly. An offer to lend you the $33,000 also comes from Community Bank, but it will charge 6.1%, simple interest, with interest paid at the end of the year. What's the difference in the effective annual rates charged by the two banks? Enter your answer to the nearest .01%. Enter your answer as a positive number. Do not use the % sign in your answer. Thus if your answer is 4.2%, enter as 4.2 rather than 4.2% or .042.