You are considering two ways of financing a spring break vacation. You could put it on your credit? card, at 18% APR, compounded? monthly, or borrow the money from your? parents, who want an interest payment of 7% every six months. Which is the lower? rate? ?(Note: Be careful not to round any intermediate steps less than six decimal? places.) The effective annual rate for your credit card is_ ?(Round to two decimal? places.) the effective annual rate for the loan from your parents is_(round to two decimal places).