A local bank's advertising reads: "Give us $50,000 today, and we'll pay you $800 every year forever." If you plan to live forever, what annual interest rate will you earn on your deposit? 2.56% 1.92% 1.28% 1.60% Oops! When you went in to make your deposit, the bank representative said the amount of required deposit reported in the advertisement was ncorrect and should have read $75,000. This revision, which will reduce the interest rate earned on your deposited funds, will adjust your earned interest rate to T