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Wuuston Hop Larry and John purchased a warehouse property for $389,000 that they are going to lease to several businesses, including a computer repair business.

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Wuuston Hop Larry and John purchased a warehouse property for $389,000 that they are going to lease to several businesses, including a computer repair business. The property provides a net income of $3600 at the beginning of every month. What is the monthly compounded annual yield earned by the property The annual yield earned is % compounded monthly (Round the final answer to the two decimal places as needed. Round all intermediate values to six decimal places as needed.)

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