Tina purchases a new computer by financing it on the "no payment until next year" plan. The cash price of the computer is $1374. The financing agreement requires equal payments every month for two years. If the first payment of $77 is due at the beginning of the month starting one year after the date of purchase, and interest is 22.4% compounded monthly during the first year, what is the monthly compounded nominal interest rate for the following two years? The nominal interest rate is % compounded monthly. (Round the final answer to two decimal places. Round all intermediate values to six decimal places as needed.) Enter your answer in the answer box. O of 1