Question: If $ 1 2 7 4 . 0 0 accumulates to $ 1 7 6 2 . 3 3 in four years, seven months compounded

If $1274.00 accumulates to $1762.33 in four years, seven months compounded monthly, what is the effective annual rate of interest?
The effective annual rate of interest is %.
(Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)
If $1274.00 accumulates to $1762.33 in four years, seven months compounded

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