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Find the nominal annual rate of interest for the following investment. begin{tabular}{cccc} Principal & Future Value & Time Due & Frequency of Conversion hline$2100.00

image text in transcribed Find the nominal annual rate of interest for the following investment. \begin{tabular}{cccc} Principal & Future Value & Time Due & Frequency of Conversion \\ \hline$2100.00 & $3200.00 & 5 years & annually \end{tabular} The nominal annual rate of interest is % per annum compounded annually. (Round the final answer to four decimal places as needed. Round all intermediate values to six decimal places as needed.)

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