A credit card company advertises an APR of 14.7 compounded daily. What is the effective interest rate. Round your answer to two decimal places

Becca wants to mix fruit juice and soda to make a punch. she can buy fruit juice for $3 a gallon and soda for $4 a gallon. if she wants to make 28 gallons of punch at a cost of $3.25 a gallon, how many gallons of fruit juice and how many gallons of soda should she buy?