Answer questions $3$ through $5,$ based on the information provided: The Bender family has been planning a vacation to Europe for the past two years. Tabb Savings agrees to advance the family a loan of $$8,000$ to finance the trip provided the Benders pay the loan back in $12$ equal monthly installments. Tabb Savings will charge an add$-$on loan rate of $5\mathrm{.}75$ percent. Question $5$: What is the effective loan rate? Enter your answer to $4$ decimal places. If your answer $10\mathrm{.}56\%$ enter as $\mathrm{.}1056.$