Assume inflation is $0\mathrm{.}19\%$ per month. Would you rather eam a nominal return of $0\mathrm{.}74\%$ per month, compounded monthly, or a real return of $6\mathrm{.}58\%$ APR, compounded annually? $($Note: Be careful not to round any intermediate steps less than six decimal places.$)$

The annual rate for the nominal retum of $0\mathrm{.}74\%$ per month is $($Type your answer in decimal format. Round to six decimal places.$)$