In 20 year(s) from now, you are planning a trip to Machu Picchu and estimated that you will need 52392 SEK to be able to make the trip. If you deposit 5297 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 5297 SEK to grow to 52392 SEK in 20 year(s).

(Answers are rounded to one decimal)

a)

12.1%

b)

888.1%

c)

-11.3%

d)

11.6%

e)

-10.8%