A pension fund is making an investment of $128,000 today and expects to receive $1,880 at the end of each month for the next five years. At the end of the lifth year, the capital investment of $128,000 will be returned. Required: What is the intemal rate of return compounded annually on this investment? Note: Do not round intermediate calculations and round your final answer to 1 decimal place. Answer is complete but not entirely correct