Question: A $2,000 computer can be financed by paying $100 per month for 2 years. What is the annual nominal compounding rate for this loan? In

A $2,000 computer can be financed by paying $100 per month for 2 years. What is the annual nominal rate for this loan?
In Problem, use graphical approximation techniques or an equation solver to approximate the desired interest rate. Express each answer as a percentage, correct to two decimal places.

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