Crispy Cruller Cooking is looking to establish new facilities in Calais, Vermont. Crispy Cruller Cooking can buy the new facilities from Perlioni Inc. for $275,000 today. Perlioni Inc. will also allow Crispy Cruller Cooking to finance the purchase by paying $100,000 today and $52,000 per year for the next five years ($52,000 at time 1, 2, 3, 4, and 5) plus an additional $20,000 finalizing fee at time 5 (a total of $72,000 at time 5 and only time 5). What annual interest rate is Perlioni Inc. offering to Crispy Cruller Cooking with the financing?