A bank has offered you a $500,000 mortgage at a quoted rate of 4%. The mortgage calls for monthly payments based on a 20-year amortization period. What discount rate would you use to find the amount of your monthly payments? Do not tound intermediate calculations. Round the final answer to 2 decimal places. Omit the sign in your response. For example, an answer of 15.39% should be entered as 1539 Numec Resonde