P6-16 (similar to) E Question Help (Annuity interest rate) Your folks just called and would like some advice from you. An insurance agent just called them and offered them the opportunity to purchase an annuity for $20,080 54 that will pay them $2,500 per year for 15 years. They dont have the slightest idea what refurn they would be making on their investment of $20,080.54 What rate of return would they be eaming? Thearnual rate of return your folks would be earning on their investment is% Round to two decimal places) tu Enter your answer in the answer box and then cick. Check Answer All parts showing