(Spreadsheet problem) In 19 years, you'd like to have $400,000 to buy a vacation home, but you have only $35,000. At what rate must your $35,000 be compounded annually for it to grow to $400,000 in 19 years? Use a spreadsheet to calculate your answer. The interest rate at which your $35,000 must be compounded annually is %. (Round to two decimal places.)

(Spreadsheet probiem) in 19 years, you'd like to have $400,000 to buy a vacation home, but you have only $35,000. At what rate must your $35,000 be compounded annually for it to grow to $400,000 in 19 years? Use a spreadsheet to calculate your answer. The interest rate at which your $35,000 must be compounded annually is \%. (Round to two decimal places.)