You have just deposited $6,000 into an account that promises to pay you an annual interest rate of 5.5 percent each year for the next 6 years. You will leave the money invested in the account and 10 years from today, you need to have $12,800 in the account. What annual interest rate must you earn over the last 4 years to accomplish this goal?

Multiple Choice

• 10.64%

• 10.48%

• 9.22%

• 12.97%

• 11.53%