Karen Hartman invests $16,114.46 now for a series of $3,700 annual returns beginning one year from now. Karen will earn a return of 10% on the initial investment. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How many annual payments of $3,700 will Karen receive? (Hint: Use Table 4.) (Round answer to 0 decimal places, e.g. 25.)

Number of annual payments

Table 4 is the Present Value of an Annuity of 1