your friend is charged 2% intrest when he borrows 2000$ for 1 monthe, what is rhe effective annual intrest rate (EAR ) on the loan ?

1-0.2611

2- 0.2682

3-0.25

4-0.2248

elaf is charged 4% intrest when he borrows 5000$ for 1 monthe, what is the percentage interest rat (APR) on the loan?

1- 52%

2- 40%

3- 48%

4- 50%

ali is charged 0.5% intrest when he borrows 1000$ for 1 week, what is the annual percentage interest rat (APR) on the loan?

1- 13%

2- 26%

3- 52%

4- 65%

pleas use your keyboard

thank you