Suppose that you just paid $9.91 monthly interest compounded daily on an outstanding balance of 
on your credit card. What is the nominal annual interest rate in this case?
Definitions:
Data Analyst
A professional skilled in analyzing and interpreting complex datasets to help in decision-making and understanding trends.
Nonrelational Database
A type of database that stores and retrieves data without the need for predefined relationships or schemas, often used for big data and real-time web applications.
Diverse Data Types
Refers to the various kinds of data types available in programming languages, allowing for the representation of different forms of data, such as integers, floating-point numbers, and characters.
Medical Database
A specialized database that stores and manages health-related information for patients, research, and healthcare operations.
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