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A debt of $ 6 4 8 . 3 6 was to be repaid in 2 4 months. If $ 7 8 0 . 8

A debt of $648.36 was to be repaid in 24 months. If $780.83 was repaid, what was the nominal rate compounded quarterly that was charged?
The nominal rate compounded quarterly is %.
(Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)
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