7 of 12 (4 complete) HW Score: 32%, 16 of 50 -16 (similar to) Question Help Annuity interest rate) Your folks just called and would like some advice from you. An insurance agent just called them and offered them the opportunity to purchase an annuity for $20.509.20 that will pay them 53,000 per year fom 5 years. They don't have the slightest idea what rotum they would be making on their investment of $20,509.20 What rate of return would they be eaming? The annual rate of retum your folks would be eaming on their investment is % (Round to two decimal places.) Enter your answer the weer box and then cock Check Answer All parts showing Type here to search Ab " 2 4 3 N 0 W 14 SCR 15 5 0 37 H 2 8 Y U NO SE M 112 THO 1 E 1 9 9 9 0 S P 123 9 Wyce L ww 1