Aloma, a university graduate who started a successful business, wants to start an endowment in her name

that will provide scholarships to EE students. She wants the scholarship to provide $$16,000$ per year and

expects the first one to be awarded on the day she fulfills the endowment obligation. If Aloma plans to

donate $$170,000,$ what rate of return must the university realize in order to award the annual scholarship

forever?

The rate of return that the university must realize in order to award the annual scholarship forever is

$\%.$