Question: Solve for x where x = (1 + APR/m)^m - 1. Assume APR = 7.00% and m = 3.00. Answer format: Percentage Round to: 2

Solve for x where x = (1 + APR/m)^m - 1. Assume APR = 7.00% and m = 3.00.

Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

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