Use graphical approximation techniques or an equation solver to approximate the desired interest rate. A person makes annual payments of $$1000$ into an ordinary annuity. At the end of $5$ years, the amount in the annuity is $$5656\mathrm{.}26.$ What annual nominal compounding rate has this annuity earned?

Type the interest rate: $\%$

$($Round to $2$ decimal places.$)$