A victim in a car accident was awarded a judgment of $5000 per month for 5 years. However, this person needed a large sum of money to make a down payment on a house he wanted to purchase. He saw a commercial on TV advertising that a company will pay him a lump sum amount in return for his monthly payment. He called the company and they offered him $100.000. It he accepts the offer and receives the $100.000 now, what monthly interest rate the company would have charged him? Enter the answer as a percentage WITHOUT the percentage sign and/or commas and using two numbers after the decimal