10. Starting on your 25th birthday, and continuing through your 60th birthday, you deposit 750 each year on your birthday into a retirement fund earning an annual effective rate of 5%. Immediately after the last deposit, the accumulated value of the fund is transferred into a fund earning an annual effective rate of j. On your 65th birthday, you purchase a 25-year annuity-due paying 580 each month with the balance of the account. The purchase price of the annuity was determined using an annual effective rate of 4%. Calculate j. 19.094%