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uity 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 $$11,530\mathrm{.}76$ that will pay them $$2,000$ per year for $10$ years. don't have the slightest idea what return they would be making on their investment of $$11,530\mathrm{.}76.$ What rate of return would they be earning?

annual rate of return your folks would be earning on their investment is $\%.($Round to two decimal places.$)$