Question 4 10 points Save Answe You know that average returns on the stock market have ranged between about 8% and 12% per year in recent decades. So when someone on reddit claims that there is an investment that can give you a guaranteed average return of 8% per month, you did not believe them. What would be the annual percentage rate on the investment that the redditor describes? Answer as a percent Question 3 10 points Save Answer Your roommate let you borrow $197 to buy the PS5 3 months ago. You just paid him back today and gave him $34 extra for interest. What is the effective annual rate? Convert to a percent, round to 2 decimal places. Question 2 10 points Save Answe You are late paying your cable bill again. It was due 9 days ago and you have been charged $39. Your bill was $115. What is the annual percentage rate (APR)? Convert to a percent and round to 2 decimal places. Question 1 10 points Save Answer You are late paying your cable bill again. It was due 14 days ago and you have been charged $20. Your bill was $103. What is the Effective Annual Rate? Convert to a percent and round to 2 decimal places