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Inch Inc. took a loan of $ 1 , 4 0 0 , 0 0 0 to build a new office. Calculate the quarterly compounding

Inch Inc. took a loan of $1,400,000 to build a new office. Calculate the quarterly compounding interest rate charged on the loan if $57,936.15 was repaid at the beginning of every 6 months and the loan was paid off in 23 years.
%
Round to two decimal places.
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