Over the past year, the owner of a quadruplex has deposited rent money of $ 3,640 into an account at the beginning of each month. At the end of the year, that enabled him to withdraw an amount of $ 45,800. What was the nominal monthly capitalization interest rate on the account?

A. 10.20%

B. 9.08%

C. 8.66%

D. 8.72%

E. 10.29%