Assume that Investment A and Investment B are expected to generate the following cash flows:

Year	Annual Cash Flow Investment A	Annual Cash Flow Investment B
1	$1500	$2250
2	$2000	$2250
3	$2500	$2250
4	$3000	$2250
5	$3500	$2250

What annual interest rate rounded to 2 decimal places (if any), would make the future value of these two investments approximately equal (i.e., within $0.10 of each other)?

a. 3.33%

b. 6.96%

c. 12.25%

d. 18.80%

e. 20.07%

f. None of the interest rates listed above makes the future value of these two investments less than $0.50 apart.