Baker Industries has been investing $$115,000$ a year for the past $5$ years into a business venture. Today, Baker sold that venture for $$1\mathrm{.}2$ million. What is

the rate of return on this venture?

Multiple Choice

$37\mathrm{.}48\%$

$25\mathrm{.}62\%$

$27\mathrm{.}13\%$

$34\mathrm{.}91\%$

$32\mathrm{.}87\%$