You borrow $

$2$

$,$

$0$

$0$

$0$

$$from Gougo's, a well

$-$

known loan consolidation outfit. The loan is an "unbelievably low"

$2$

$.$

$5$

$\%$

$$per month compounded monthly. You have

$2$

$$years to pay back the loan. What is the nominal annual interest rate?