(Solving fori) Kirk Van Houten, who has been married for 23 years, would like to buy his wife an expensive diamond ring with a platinum setting on their 30-year wedding anniversary. Assume that the cost of the ring will be $12,000 in 7 years. Kirk currently has $4,454 to invest. What annual rate of return must Kirk earn on his investment to accumulate enough money to pay for the ring?