Alysha has just won a lottery. She will receive a payment of $$6,600$ at the end of each year for $9$ years. As an alternative, she can choose an immediate payment of $$55,000.$

Which alternative should she pick if the interest rate is $4$ percent?

Alysha should pick Choose your answer here

Immediate payment

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What would the interest rate have to be for Alysha to be indifferent about the two alternatives? $($Round answer to $4$ decimal places, e$.$g$.25\mathrm{.}2341\%.$ Do not round your intermediate calculations.$)$

Interest rate Type your answer here

$\%$