elated to Checkpoint 5.6) (Solving for i) Kirk Van Houten, who has been married for 21 years, would like to buy his wife an expensive diamond ring with a platinum setting on their 30-year dding anniversary. Assume that the cost of the ring will be $11,000 in 9 years. Kirk currently has $4,428 to invest. What annual rate of return must Kirk earn on his investment to accumulate ough money to pay for the ring? The annual rate of return Kirk must eam on his investment to accumulate enough money to pay for the ring is %. (Round to two decimal places.)