You just paid $526,000 for an annuity that will pay you and your heirs $11,000 a year forever. What rate of return are you earning on this policy?

Your car dealer is willing to lease you a new car for $180 a month for 36 months. Payments are due on the first day of each month starting with the day you sign the lease contract. If your cost of money is 4.0 percent, what is the current value of the lease?

Round answers 2 decimal places.