Points: $0$ of $1$

$($Annuity interest rate$)$ You've been offered a loan of $$25,000,$ which you will have to repay in $11$ equal annual payments of $$5,000,$ with the first payment due one year from now. What interest rate would you pay on that loan?

The interest rate you would pay on the loan is $\%.($Round to two decimal places.$)$