Caruso is planning to save 4,894.18 dollars every quarter for 8 years. He plans to make his first savings contribution in 3 months from today. If he currently has 8,541 dollars and expects to have 228,040.1 dollars in 8 years from today, then what is the EAR that he expects to earn? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.