(Related to Checkpoint 5.6) (Solving for i ) You've run out of money for college, and your college roommate has an idea for you. He offers to lend you $14,000, for which you will repay him $36,082 at the end of 8 years. If you took this loan, what interest rate would you be paying on it? If you took this loan, the interest rate you would be paying on it is \%. (Round to two decimal places.)