We have a deposit of $2000 into an account that pays 6% compounded monthly, after a year we will have:

The effective annual yield (EAY) will be:

The EAY is 101.22%
So subtract 2q from both sides.
This will cancel out the 2q on the left.
So the equation right now should be 10=5q.
Now divide each side by 5.
10/5=2
2=q.
That's the answer! Hope this helped!!