You are going to invest in Growth Mutual Fund with a 6 percent front-end load, 0.41 percent 12b-1 fee and 1.21 percent other fees. You also can invest in Value Mutual Fund with a 6 percent contingent deferred sales charge that declines 1 percent per year. The Value Mutual Fund has 2.8 percent return and an expense ratio of .10 percent. If you plan to keep your investment for 9 years, what annual return must the growth mutual fund earn to exceed an investment in the value market fund?