You are told that if you invest $12,500 per year for 14 years (all payments made at the end of each year) you will have accumulated $585,000 at the end of the period. What annual rate of return is the investment offering? 15.06% 16.91% 13.14% 18.79% 20.96%

You are told that if you invest $12,500 per year for 14 years (all payments made at the end of each year) you will have accumulated $585,000 at the end of the period. What annual rate of return is the investment offering? 15.06% 16.91% 13.14% 18.79% 20.96%