Multiple Choice 9% 10% 8% 11%

You have deposlted $12.05g In a special account that has a guaranteed rate of return If you wllhdraw $3,100 at the end of each year for 5 years, pu vvlll completely exhaust the balance In the account. The guaranteed rete of return Is closest to: (Ignore Income taxes.) Click here to vlew Exhlblt 128-1 and Exhlblt 128-2. to determlne the approprlete dlscount factor(s) uslng the tables provlded (Round your Intermedlete calculatlons to 3 declmal places.) Multlple Cholce