In 18 year(s) from now, you are planning a trip to Machu Picchu and estimated that you will need 45696 SEK to be able to make the trip. If you deposit 5164 SEK today, what annual rate of return are required for you to be able to make the trip. I.e. what annual rate of return are required for 5164 SEK to grow to 45696 SEK in 18 year(s).

(Answers are rounded to one decimal)

a)

12.4%

b)

-11.4%

c)

12.9%

d)

-11.9%

e)

783.9%